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: David who wrote (13044)	9/6/2001 12:01:32 AM
From: rjm2	Respond to of 78666

SPOR sports a $7.54 BOOK VALUE, $6.96 NCA & $2.22 per share in cash & marketable securites at 3/31. All this for $2.03 (Actually 2500 offered in aftermarket trading at $2.00). They are awaiting year end figures is why its been so long since the last reporting. And they will lose some on the closing of that facility. Also have the SEC investigation to deal with along with what I consider management incompetence. As for RAGS, I have owned & traded it for years. Boring stock. Insiders couldnt care less about shareholders or shareholder value. Earnings flucuate but are never a decent return on equity or assets. New 37 year old president. Chairman is like 76. But family is also involved so his passing probably wont be a cataylst. Its cheap...but its ALWAYS been cheap. Both companies should be sold. SPOR was in talks years ago. Sure wish they would put themselves on the block. They are worth more dead than alive ! Heck, if the management & board of directors were all killed in a plane crash the stocks would probably double ! LOL