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Non-Tech : Bill Wexler's Dog Pound
REFR 1.560-1.9%Dec 11 3:59 PM EST

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To: Dale Baker who wrote (8628)1/26/2003 5:20:36 PM
From: Kevin Podsiadlik  Read Replies (1) of 10293
 
Look again.

TSCM is whittling away stockholder equity at $2-3 million per quarter pretty steadily.

Q4'00 loss: $24.6M (including $17.6M restructuring expense)
Q1'01: $7.2M
Q2'01: $6.9M
Q3'01: $8.9M
Q4'01: $6.2M
Q1'02: $3.7M
Q2'02: $2.0M
Q3'02: $1.8M

Don't take this as a buy rec, but I've seen worse trends!

The one thing about Cramer that kind of attracts me is his capacity for self-deprecation. If he blows it, he admits it. Obviously if you just remember his calls and turn him off forever after you don't see his mea culpas on the ones he gets wrong.

The Church of What's Working Now closed in December 2000. Maybe it's time to let its memory pass on as well.
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