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Technology Stocks : AVCI

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To: CrackerJack48 who started this subject3/8/2002 10:01:42 AM
From: Oeconomicus  Read Replies (1) of 190
 
Forbes.com
Bottom Fishing For Cash-Rich Companies

"The market has knocked the stuffing out of Avici Systems , a North Billerica, Mass.-based maker of fiber-optic products. From a 52-week high, the stock has fallen 88% to $2.19. But with cash and equivalents of $129 million and not much long-term debt, Avici has $2.62 per share in cash."
biz.yahoo.com
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