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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (32323)2/22/2002 2:19:27 PM
From: Mike M  Read Replies (1) of 99280
 
OK, Zeev you were right on at the time. Although technically we qualified for the Brock 20 party when it reached 23 intra-day, no one was in the mood for it after the precipitous decline.

But when you questioned me about the stock a couple months ago it was at one with no debt, EBITDA positive, w/ about .75 a share in cash and a 10K that suggested some significant business was on the immediate horizon. The product continues to be recognized for its features and price and the company has finally gotten its marketing strategy working. Considering the small float, it made sense to take a position before the earnings were apparent to everyone. That's my story and I'm sticking to it.<g>
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