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Strategies & Market Trends : Take the Money and Run

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To: Jorj X Mckie who wrote (1276)5/31/2002 3:59:59 PM
From: Logain Ablar  Read Replies (1) of 17639
 
SCIO

Why would you want to short a company that has $110M of cash / marketable securities? Is it the 40M of current debt or the 25M/qtr burn rate (not sure if last qtr was an abboration).

Or better yet is it the chart?

This does look to be just a tad bit overvalued.

I think Zeev has the bio techs taking a good hit this month. More so than the semi's (I could be wrong, I don't keep up with all his posts)
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