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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks

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To: MCsweet who wrote (810)8/19/2003 9:20:50 AM
From: stock leader  Read Replies (1) of 1931
 
regarding IJX...."we have placed our principal focus on evaluating new strategic business opportunities capable of producing real growth and stockholder value."

I don't think i like the phrasing of that. IJX buying out another crap company with cash/stock would likely be a rotten mistake. Clearly IJX needs to liquidate, but their statement doesn't seem to indicate that.
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