Bosco & Crossy's stock picks,talk area Message Board

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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (3847)	8/26/2003 3:31:14 PM
From: michael john stout	Read Replies (3) of 37387

crossy- yes, WLDA has done very well. I believe ABXA will also once people discover it- if you check out the 10-Q for the second quarter you can see they're churning out a ton of free cash flow. So solvency is not a problem. I'm not sure what net tangible assets are but I bet they are more than 2.00 per share. 100 million market cap and 80 million "cash flow from operations" (yes, they do have a lot of debt so this numbers doesn't mean much) in the first sixth months of the year. With the economy apparently picking up they could get to around 50 million in cash flow a year... or it could never hit 2.00 again and I'm screwed! Amazing rally today in the market- hearing people calling for nasdaq 5000 once again. Didn't know whether to laugh or cry so I bought a case of Jones soda.

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