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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (44316)	10/25/2002 8:39:42 AM
From: Joe Stocks	Read Replies (1) of 53068

>>>it did beat expectations, had favorable outlook, and its one of the few stocks that is up for the year and trading above 50 and 200 DMAs:<<< Larry, I agree with all the above. I don't think the above is worth $20. I can see trading this stock but I question why you think it is a solid investment. The did beat expectation with less of a loss. Their "favorable" outlook is for a better than 10% increase in revenues but 10% iis hardly worth getting excited about at these valuation, And, they say nothing about having a "net" profit next year. On top of all of this they are "insolvent" as their liabilities greatly exceed their assets by $1.5 billion. JMO, Joe

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