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Strategies & Market Trends : Value Investing

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To: Q. who wrote (6720)4/14/1999 9:55:00 AM
From: LauA  Read Replies (1) of 78618
 
John G thank you for your reply. It's not often that I find a company that's selling for less than cash with no debt. As far as being a "sort of rotten apple", I'm not sure of that. Certainly the market is saying that. I would assume that the point of a "value" approach is that the market often suffers from a misapprehension. If that is so in the case of CURE, it will become a two bagger by simply doing nothing. Business doesn't have to improve. Markets don't have to improve. Nothing. I've posted a worst case scenario. I was trolling for some specific knowledge.

Thank you for your suggestion of RHB. I've blown some fingers off in this sector. I'm looking for the old margin of safety - with a stock price below cash, CURE looked interesting.

Lau
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