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


To: wolfdog2 who wrote (14132)3/18/2002 12:45:18 AM
From: Bob Rudd  Respond to of 78548
 
AETH - Can they cut costs fast enough to avoid bleeding to death? The insiders appear to be voting with their feet:
biz.yahoo.com
<<It's trading for about 1/2 the value of its cash position.>> Once debt is subtracted it's closer to parity, but the cash burn is impressive...Net cash per share will be below parity by the end of Mar Q...unless the shares are below 4 by then...not an unlikely prospect methinks. Meanwhile the wireless industry appears to be in a price war that leaves little to fund capex.
The above is based on a 10 minute look, so I could be missing something important, but I doubt the insiders are.