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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (20269)12/18/2004 4:00:59 AM
From: Ray Rueb  Read Replies (3) of 78740
 
I agree with both of you: TCOW is slightly interesting, but PSCO is a POS and I can't believe he recommended it.

TCOW has a 45MM market cap with 42MM in revenue - a good ratio.
Has only 13MM in cash but generates 3MM in free cash flow.
The problem is: its revenue is only growing at 0.4% - a bad sign unless something big is on the horizon. They're surviving, but not really growing.

PSCO looks like a real dog and made me howl. What am I missing here? Where's the value here? This stock is $.03 and has average daily volume of 3,000 - that's $90 a day in trades over the last 3 months. Today there was a total of 133 shares traded - that's a whopping $4.00 in volume. But let's go further... 1.2MM in revenue, 48K in cash (I might have more in checking), and loses 500K... tick, tick, tick. Someone please bury this corpse.

You all be careful out there,
Ray
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