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To: stock leader who wrote (18)6/7/1999 8:39:00 PM
From: LolaRead Replies (1) | Respond to of 116
 
The formula is so simple, it's boring. But I can see how it would work. How about applying the same formula but with a little twist?

Say you take a company that is trading below book value with lots of cash (which can really mean the same thing). Hell it could be a company that doesn't do diddly but they have money in the bank. Now let's add a little twist to it. Let's say this below book value, cash rich company has suddenly come up with a great way to get rich with some Internet business deal. Now the deal doesn't have to be real, it just has to sound good. What do you think of that plan?

Lola:)