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


To: Dave who wrote (59)12/19/2000 8:58:35 AM
From: John Liu  Respond to of 184
 
"They have preannounced that they will lose over $200 million this quarter, so their $4 billion cash reserve will take a 5% hit."

Hopefully they put their money in a high yeild vechicle and could earn the 200M in interest :-)

John



To: Dave who wrote (59)12/19/2000 8:59:55 AM
From: ekn  Respond to of 184
 
Better play CHINA chinadotcom 500 MILLION in cash. BIG TIME hand in every business segment in Asia nice doublebottom formed @ 6 with a 600 million cap. Its high is 78 and I FULLY expect a double in the next rally. There is a big difference between a company like Apple and CHINA in that CHINA has a segmented business plan while Apple is a one trick pony whos analysts wouldnt return their calls:>( I would not buy apple right now. CHINA though is a serious play.
CHEERS