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.
Strategies & Market Trends : Bankruptcy Predictor Model

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mad2 who wrote (108)3/20/1999 5:04:00 PM
From: Greg Jung  Read Replies (1) of 477
 
Very good, snapshot yes. Death throes? not a convincing case.
They made net income last Q. New boats will bring new income - at least, marginally. Selling or decomissioning old boats will cut maintenance. etc. Almost clearcut, positive cash flow no shenanigans. So its stock is appropriately priced given the uncertainty of the world economy.
But you don't gain in stocks without taking risks. Here you can put
your $1500 down and probably have a similar amount next year, but possibly it is $7500 next year. I think those are the two basic possibilities.

Greg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext