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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Clarksterh who wrote (7974)7/10/1999 8:21:00 AM
From: Madharry  Read Replies (1) | Respond to of 10921
 
After your response and I just checked the financials for the quarter ending 3/31/99 cash+ mkt sec. dropped from $64MM to $62MM, while working capital dropped by about $1MM. I would not call this burning through its cash at a high rate! Looks like about 6 years worth to me in an industry that is supposed to be turning up. $5 a share in cash for a stock selling at $7 1/8.