Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: TwoBear who wrote (11917)	1/20/2001 1:32:45 AM
From: Don Earl	Read Replies (2) \| Respond to of 78659

Scott, I was thinking more along the lines of a few years down the road when I'd be willing to bet a person will be able to go to a web site, pick from a long list of movies, and then download their choice with a credit card. From what I understand, for the cable Internet service there's no box required, just a cable modem and a network card. There's an added advantage to where I am. There are two cable companies with Internet service and one of them is not AT&T (aka TCI). I can't argue with anyone who doesn't like cable companies. I tried TCI before AT&T bought them out. Somehow paying $600 a year for 120 channels of bad programming with 20 minutes of commercials an hour didn't seem like much of an improvement over 5 channels of bad programming with 20 minutes of commercials an hour. Back to value investing. I noticed someone mentioned VIAN as turning up on a screen they ran recently. Since it also happened to be on a list of things I've been looking at, I impression is it seems to pass the sniff test (doesn't smell too bad). The balance sheet looks clean without any GAAP twists thrown in. It's trading close to cash per share with no debt to speak of. Checking the PRs, they warned on Q4 with a sizable miss and it looks like revenue has dropped off sharply from what they were doing around Q2. There's some reliance on a small number of big clients for a good size chunk of revenue and a certain amount of exposure to dot coms. They approved a $5 million stock buy back, but I couldn't find anything that showed they've been buying. Supposedly there will be some guidance with a CC when they report in a couple weeks. I'm curious if anyone else has looked at this one and what kind of feel they had for it. I almost think I could like it if the forward looking statements sound halfway decent and a retest of the 52 week low were to show up and hold. Any opinions on this one?