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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (10336)	10/2/2000 10:39:45 PM
From: TraderAlan	Respond to of 18137

Just a great statistic from that Barrons article on Internet cash burn rates. BTW I have no interest in CMGI other than flipping it from time to time. And being a commercial web site operator myself. BTW Hard Right Edge has been profitable for almost 2 years <g>. "Pegasus estimates that CMGI has only 7.6 months' worth of cash left to burn. That excludes the value of the roughly $1.6 billion in Internet stocks held in CMGI's portfolio. Of course, these could be sold to raise cash, but probably only at discount prices if word got out that CMGI was unloading its portfolio." Alan

To: TraderAlan who wrote (10336)	10/3/2000 1:25:24 AM
From: -	Read Replies (1) \| Respond to of 18137

Ha! Spot-on about Lucent... and I agree, AAPL will most likely be fine. Sounds like you're a real investor at times, no margin hold the stock, like the company etc didn't know people still did that :)) I didn't think $15 would hurt just find AAPL/INTC situations fascinating to watch/study. CMGI is another amazing situation... they raised almost $2B not so long ago and are now looking (potentially, depending upon what happens with the AltaVista IPO) at very real near-term financial problems, who'd thought? That Barron's story this weekend included lists some non-.com stocks like RAMP Networks (TUTS) and Tut Systems (RAMP), any readers know if that is part of their methodology by design or did they just lump in some networking HW companies into the ".coms"? I missed the first two but that was apparently the third update of their .com cashflow coverage... Regards, Steve