Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (101099)	4/27/2000 11:53:00 PM
From: Marshall001	Respond to of 108040

PBSC priced at 9.. Now trading at 10 15/16. The problem I had and still have with this issue is DEBT.. According to hoovers As of Dec 99' The company had over 227 million in long term debt. Nice revenue stream but Net assets of -105m. I look at each IPO before they trade and this one just smelled fishy. 12m shares float X 9.00 = 108m. Looks like they wanted to pay off some debt. Just my 2c. My DD is not that extensive but I use basic fundamentals and lots of times my first reaction is the right one. Good Luck, If you have anything to add please feel free. In this case, I would love to be wrong. M