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

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To: Dale Baker who wrote (4537)2/28/1999 8:11:00 PM
From: Bob Trocchi  Read Replies (1) of 4634
 
Dale...

Re: PBRZ

I have no position or knowledge of PBRZ but a quick look at their profile on Yahoo indicates they have $82M in cash and in the past 12 months they lost $6.67M. This sounds to me like they have enough cash to keep them going for a long time. Based on that I would not consider it for a long term short. Short term, maybe.

On the other hand, their business seems to me to be a loser. Selling these services to small companies can be very expensive.

I will look forward to Michael's reasoning.

Regards

Bob T.
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