SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Stewart who wrote (877)8/28/1998 9:27:00 AM
From: Q.  Read Replies (2) of 3661
 
I just did a screen for stocks with very low valuations of price/cash. I limited the screen to stocks with negligible LTD and market cap > $45 M, and I eliminated stocks with p/b > 4 and PSR > 7. I also eliminated insurers and a couple of oddball categories like ADRs and co.'s with multiple classes of stocks

Out of the 7000 stocks in the Telescan database, there are simply no stocks meeting these requirements with a cash/market cap ratio < 1.0. So cash does appear to be a floor, at least in today's market.

MTSN is the 11th stock on my list of low cash/market cap ratio, ranked by this ratio. Stocks appearing higher on the list include two others in the industry: BRKS and SFAM. That's out of 7000 stocks in the Telescan database.

This gives me some confidence that MTSN is not likely to fall much farther. Not below 3, anyway, because that would move it to the top of the list.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext