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


To: Spekulatius who wrote (12241)3/30/2001 2:08:17 PM
From: Peter O'Brien  Read Replies (1) | Respond to of 78625
 
Ironically, a number of former high-flyers may now
be considered "value" plays. You need to be
careful of those that are still running large losses
and are quickly burning through their cash.

I've been *starting* to bottom fish in NTPA recently.
Currently trading at roughly cash value, although
(as you say) the telecom sector is still having big
problems right now, so it might go even lower...

I think they will be a survivor, though (or they will
eventually be acquired at a premium to the current price).