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: rjm2 who wrote (13039)	9/5/2001 10:07:22 PM
From: David	Read Replies (1) \| Respond to of 78663

Yes, I've been watching SPOR. The most current financials that I was able to find are dated March 31, 2001 showing current assets totaling $25,319,000 ($6,178,000 cash, $1,473,000 marketable securities, $5,334,000 accounts receivable, $ 10,430,000 inventory) The company carries debt of only $ 1,351,000. Market cap as of today is $6,987,000 or 27% of net current assets I guess the discount to assets depends on how well the company accounts for receivables and inventory. The business is shrinking, sales and income are down. Recently the company closed its B&L Sportswearmanufacturing facility. Its disturbing that no recent financials were published, especially after the company was kicked off NASDQ for failing to timely report. Did you see the web site? Its still under development sporthaley.com I continue holding. I suppose if the stock price is really crushed I might "double down". It seems there is value there --somewhere.