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To: The Perfect Hedge who wrote (1154)5/29/2000 1:06:00 PM
From: Original Mad Dog  Respond to of 2850
 
Short term I think the market sentiment is so badly damaged that the news of a conference won't help. But at some point, maybe this week but more likely later in June if we get the beginnings of a summer rally, I think we will see a double from here. It just makes no sense that a company with all that cash and a slow cash burn rate (unless they adopt Mr. Pitera's suggestions - LOL) has a market cap this low.

As a medium to long term buy and hold I love CLRS at these levels. What's the downside -- that they'll trade the market cap down below the cash on hand?

MAD DOG