Moufassa's Lair Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Moufassa's Lair

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ALTERN8 who wrote (376)	10/10/2001 1:18:52 PM
From: Baton	Read Replies (1) of 13660

Alt: I just read the annual for LPTH. They have cash and no debt. All of the acquisitions from last year are cash flow positive. Their main business (collameters and gradium lenses) are extremely automated and less dependant on hands on workers - when the cycle changes, they could make real money pretty quickly. Provided their burn rate stays the same, they should last through the downturn. I bought a bunch around $2. Of course I am still holding some from $7 three years ago, but I made over 60K selling most of it in the high 50's, so I can't complain too much about it. Perhaps it qualifies as a legit ratdog here. Baton

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next