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Strategies & Market Trends : cash-rich dot bombs -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Leader who wrote (8)	12/14/2000 9:32:38 PM
From: stock leader	Read Replies (1) \| Respond to of 184

these dot bombs don't need a path to profit as long as they liquidate and distribute cash to shareholders in the future. that's the next dot com revolution. that's what MTHR did and i profited well. idiot panicked sellers are pressing the sell button because they have no clue. people who buy at the extreme bottom will likely get quick gainers . i trade for short-term gains. let me give you another example. i bought IPET at 7/32 shortly after they announced liquidation plans. and sold shortly thereafter at 11/32 for a quick 50% gainer at a time when the market was tanking. speculation on liquidation return and short covering is what popped it up. now as far as CYCO is concerned, i already traded it once for great returns. and i believe your calculation is wrong. you say fixed assets and intangibles will have 0 value upon a liquidation. are you serious about that statement? you are saying in essence that $6 per share in book value is worth 0.... that's a bold statement you make. in any case i hope CYCO falls more so i can buy at 1/2.