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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 (467)5/18/2001 12:15:19 AM
From: molemania  Respond to of 1931
 
DDDC

biz.yahoo.com



To: stock leader who wrote (467)5/18/2001 8:41:30 AM
From: Elroy  Read Replies (1) | Respond to of 1931
 
i guess you would have turned down cash-rich IIIM at .80 too, saying how they burned $10mill last quarter and have only a mill in revenues. IIIM then popped up to $4 in a matter of a few days on no significant news. that's about a 400% gain in case your math stinks .. do some research before you go into attack mode. you need to have a clue before you can talk intelligently

I asked you 'what is going to cause LQID's "short term pop" ' that you were expecting. If you think that is "attack mode", you're either super sensitive or not accustomed to having people ask you why you write the thing you write - I don't know which.

And I repeat - there are tons of cash rich internet companies that are burning through their money rapidly - these are the types of cash rich stocks you DO NOT want to own. You want to own cash rich companies that are about to turn profitable and/or have sound business models - because as soon as they turn profitable the shares should trade at at least cash, probably higher. It's not that complicated.

Elroy