Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: 8bits who wrote (4007)	12/16/1998 12:09:00 AM
From: Bill Wexler	Read Replies (3) of 4634

Thanks. I don't know anything about DAIO but I took a quick glance at the company's financials and web page. I like companies trading below book, but it is harder to judge small caps (particularly if they are not well known brand names) for compelling value. If you want my honest opinion there isn't enough here for me to dig deeper and eventually make an investment. On the other hand you may know the company far more intimately. Considering the large percentage drop in gross revenues and their trailing losses relative to current assets (i.e. how much longer can they afford to keep bleeding like that) I would make damn sure I had a good handle on what management's plans are to turn the company around.

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