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

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To: Pete Mason who wrote (4338)2/3/1999 1:44:00 PM
From: Bob Trocchi  Read Replies (2) of 4634
 
Pete...

Re: ALTIF

Wow, this one is beginning to look like ZITL.

Market Cap 150M
Sales 0
P/B approaching 20
Book Value /sh 0.58
Lost 2.8M last yr. Cash on hand $3.8 at last report. No wonder they need to find a buyer or new cash.
Low # of shorts 242K last report out of 15 m shares outstanding

This press release *(unless there is more news on the horizon has added approx. $45M to their market cap. Sounds like they should go into the centrifigual PR business.

Still short and patient but .....

Bob T.
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