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Strategies & Market Trends : cash-rich dot bombs -- Ignore unavailable to you. Want to Upgrade?

To: svliet who wrote (177)	10/1/2001 9:02:11 PM
From: stock leader	Read Replies (2) \| Respond to of 184

i had owned COSN briefly. bought it at 1.60 then watched it tank and then sold at 1.20. at a cash utilitization rate of $30 mill a qtr, COSN has about 6 qtrs cash left as of Sept 30. If you are considering buying COSN i would wait til either end of Oct or end of Dec. End of Oct is the end of mutual fund tax loss selling and end of Dec is the end of individual tax loss selling. i believe COSN should do major stock buyback here or liquidate, but since revenues are going up , i doubt mgmt will do either.