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


To: Jeff who wrote (41)12/18/2000 7:06:45 AM
From: stock leader  Read Replies (1) | Respond to of 184
 
i like to buy the .com's that are at 10-30% of net cash value and have at least 1-2yrs cash on hand.
i would watch for the mm's to drop TMNT to 3/8 this week and then i would buy. i think that's a good play



To: Jeff who wrote (41)12/18/2000 9:04:50 PM
From: stock leader  Respond to of 184
 
yea, but MM's gotta know that some .com's can choose to liquidate at cash value which is significantly higher than the current price. in some cases 300-400% higher.

so even though some of these .com's are cash cows, the MM's fail to give this any respect and keep destroying the bids. it's time for some sort of revolution to prevent these MM's from destroying prices like this.

we can do it, as a group though, if you know what i mean



To: Jeff who wrote (41)12/19/2000 3:16:30 AM
From: baystock  Read Replies (1) | Respond to of 184
 
<<don't care if they have cash or not......these are all at these levels because mm's are taking tax sellers low as possible......they get a pile of cheap shares.....and then they run em up and dump their shares on small investors who think they have a good long term hold.....only to watch the bottom fall out again.......>>

Nice sounding theory, but I ain't buying it!