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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: dieselfuel who wrote (45502)	1/13/2001 5:36:40 PM
From: American Spirit	Read Replies (2) \| Respond to of 57584

ESHR - just at the market's worst time right before the micros started shooting up ESHR CEO resigned to be a minister. The market drop had put the fear of God into him apparently. The #2 man is now in charge. But in all probaility the stock would be double where it's at now if not for this bad timing CEO departure. I am encouraged because I see multiple large contracts and awards for best software being given them. They are closing their NYC office and moving everything to Atlanta where costs are much cheaper. They lost only 1 mill last report and that's in a sector where most companies have been losing money hand over fist. I have noticed no ads from ESHR so maybe that is why. They don't waste money. They have an AOl deal and a WMT deal which have never been announced for some reason. Also some kind of relationship with ORCL. There is a bit of mystery surrounding this company however it seemed to have bottomed at around $1 with a market cap of around 25 mill, 14 mill in the bank and last year 65 mill revenues, 1 mill loss. To answer your question is probably hasn't popped yet because of the CEO confusion. As I study micro-caps and dot.bombs I find few values better. But invest at your own risky because inside info is hard to come by. But their just announced 500,000 deal does look good. Means they're definitely still in business. I am looking at 6-7 other micros now plus some beaten down small techs. Criteriae are 1) Not up much from bottom 2) Cash vs. market cap positive 3) Not much debt 4) Didn't lose much or any money last year 5) Have annoucned new deals lately 6) Some evidence of quality of product If the market dips and erases Thursday's rally I am buying. If I had lots of cash I'd be buying more aggressively. ESHR however remains near its low and may not need a dip to buy now.