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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Hayduke who wrote (63170)	5/7/2002 4:37:43 PM
From: Zeev Hed	Respond to of 99280

Nice, but still bleeding (g). Yet, it selling at a deep discount to ne book net cash and only at about 1 time sales, now, if they just can get these sales to increase. To break even, they almost need $100 MM per quarter, so unless they start growing fast, that cash will be burned. QLGC, on the other hand seems to be running here in AH. Good I stayed overnight with the Q, as of this typing, the whole Q is green. Expecting that elusive bounce any time (when? when?....) I went out with most additions today, leaving me with only 30% cash. If we bounce from here, that would be fortuitous, if we don't, well, not the first time I have taken a loss... It feels like the last two weeks of March last years, i kept loading up, two or three times just to be stopped out, until finally, early in April, fully loaded, the market took off. Looking at some OB's, GENZ will probably be added tomorrow (my OB is at $34.77) Zeev