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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: wallstreeter who wrote (2805)8/6/1999 2:33:00 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 19428
 
STMP 1.2 B market cap, no revs, 1.05 and 1.72 eps loss this year and next, 1.67 net cash. Thus STMP will burn through all of the cash and more in the next 18 months. Has competiton, another estamp type co out there and Pitney Bowes can crush them at any time they wish to wake up. Zero revenues.

There is a postal conference next week that is why the stock is up, it is an easy sell on the news, but not for the faint of heart.