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

To: Don Earl who wrote (12557)	5/30/2001 6:38:07 PM
From: rjm2	Read Replies (1) \| Respond to of 78552

Hey, its the same guy that slammed MOVI right before it quadrupled and CLHB right before it gained 80-90%. LOL You said both were "really ugly". Wish I could find some more really ugly stocks that you dont like !

To: Don Earl who wrote (12557)	6/4/2001 2:24:12 PM
From: American Spirit	Respond to of 78552

Just bought SCNT at 1.01. What a cheapie. 2x cash to market cap. Others I like with lotsa cash are AAPL, NOVL.

To: Don Earl who wrote (12557)	6/4/2001 2:26:55 PM
From: American Spirit	Respond to of 78552

SCNT: NEW YORK (Dow Jones)--Cast away and left for dead, Internet consulting companies are suddenly in vogue again - at least among vulture investors and M&A speculators. The wooing of Proxicom Inc. (PXCM) by two large buyers caught Wall Street by surprise last week and reignited speculation that the battered industry is ripe for further consolidation. Many of these stocks have fallen more than 90% in the past 12 months and now hover near single-digit lows. "I expect to see lots of mergers in the next four or five months," says Stephanie Moore, director of information technology services for GIGA Information Group Inc., a market research firm. "Most of the e-services or Internet integrators are up for sale and would entertain offers from more stable traditional consulting or hardware companies," Moore adds. That was evident in two moves announced late Monday: the proposed buyout of Agency.com Ltd. (ACOM) and the sale of Rare Medium Group Inc. (RRRR). Fund managers, investment bankers and analysts who follow the out-of-favor industry say some more deals are in the offering. But most expect any deal to offer limited premiums and only involve the higher caliber companies. That's why most of these stocks continue to languish. "I think there's a handful of attractive" acquisition targets, says Deborah Koch, co-manager of the Strong Advisor Technology Fund. She noted that several of these companies are trading for less than their cash on hand, including Scient Corp. (SCNT), Viant Corp. (VIAN) and Lante Corp. (LNTE). There's no shortage of struggling Web professional services firms looking for a white knight or, conversely, deep-pocketed, high-tech manufacturers and overseas players looking to beef up their services offerings on the cheap.