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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?

To: stock leader who wrote (213)	7/29/1999 11:37:00 PM
From: Q.	Respond to of 1931

WTT's financials are as you describe. A stock with valuations this low will often have something peculiar about it, and in this case it looks like the co. got rid of its CEO and promoted a 34-year-old to that position, and then did a swap in March with another company, getting rid of its main business, which had suffered severely declining sales, and receiving a much smaller business plus cash. In the past they were consistently profitable. It looks like they just recently reported a profit from the June quarter too. It looks like they announced a share-buy back too.