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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?


To: stock leader who wrote (464)5/16/2001 1:56:19 AM
From: Elroy  Read Replies (2) | Respond to of 1931
 
With $114 mill in cash on hand, LQID is due for a short-term pop

Short term pop? LQID has had over $100 million cash for the past year. What's gonna cause this "short term pop?"

And LQID is burnin' through their cash rapidly. Looks like they lost $11 million on $1.6 million in revenues last Q. They look to me like the type of cash rich stock that you DO NOT want to own. Why do you like them, other than cash? There are gazillions of cash-rich internet companies - you ougtta have some sense for sound business fundamentals if you're going to recommend them.

Elroy