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


To: manny t who wrote (121)12/26/2000 3:38:13 PM
From: Street Hawk  Read Replies (1) | Respond to of 184
 
There are a number of inuts trading below cash.

I think the next few days will present some good buying opportunities for a possible January ramp up. The tax loss selling has been brutal this year, and although most of these companies are turds, the price/cash ratios are getting to levels where privatization or liquidation are getting attractive.

Some which come to mind are STMP, RRRR, DVIN, MMTM, IISX. There are many more than this. I think at least 50 or so that are trading significantly below cash with burn rates reduced by job cuts.