SI
SI
discoversearch

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (11144)9/11/2000 7:36:48 AM
From: Kathleen capps  Respond to of 78520
 
I've been playing Stamps.com (STMP) as a value play for it's cash position. I initially bought at 7 (too high in retrospect), and added to that position at 5 1/4 and 4 3/8. Sold the two lower positions during the recent pop and still hold my initial position. I will buy more again if it goes below 5.

Very strong cash position and no danger of going out of business anytime soon. Plus, I think that they have a catalyst in the form of their encryption software that can be leveraged into other uses (airline tickets, concert tickets, etc).

Kathleen