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: Paul Senior who wrote (12453)	5/11/2001 5:56:54 PM
From: Paul Senior	Respond to of 78536

I've started an exploratory position in Dale Baker's pick of BRZE. Selling under book value and for less than 2x cash and marketable securities (per Yahoo, before stock dilution from FLRE merger). No ltd. Company is break even and winning new orders in it's business which is broadband wireless. I consider it a positive that "broadband wireless" can be, or is, considered a sexy area with "exciting potential". Negatives for me: BRZE is a small Israeli company public for less than 2 years. Inventory is increasing - I don't know if that is a normal business requirement or if BRZE might have an upcoming write-off for unsalable product. I'll add BRZE to the package of other erstwhile high-flying tech stocks that I've been buying based on p/book and p/cash. Paul S.