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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.06-0.2%2:03 PM EST
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To: Bill Harmond who wrote (144586)8/2/2002 1:38:12 PM
From: GST  Read Replies (1) of 164684
 
"Apple, which Ewing is considering buying, and PC maker Gateway Inc.(NYSE:GTW - News), are trading near cash value, but often at that level "you are really making a bet on whether the company is actually going to survive or not," he said.

Cash hordes can decline with losses, and investors would have difficulty realizing the cash, since management generally would fight attempts to disburse cash or break up their company, said Merrill Lynch technology analyst Zhen-Hong Fan.
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