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Strategies & Market Trends : January Effect 2001 -- Ignore unavailable to you. Want to Upgrade?

To: rjm2 who wrote (136)	12/29/2000 11:44:35 AM
From: Yo Yo	Read Replies (1) \| Respond to of 289

TCCO, I know what your saying, but here's my reasoning... Big portion of 2000 loss was a non-cash write off. Company says it has been cutting costs to match business. It's fixed assets of over $2 per share have been fully depreciated, thus virtually the entire balance sheet of $3+per share is liquid assets. Zero Debt. Thus downside is minimal and if any of the contracts on which they are doing development work come through, we've got an easy double. Cash could hold them over for a couple of years. I grabbed a thousand just for fun. Regards, Yoyo