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


To: Pierre who wrote (78547)6/13/2002 4:45:13 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
My plan is to double up if it gets to $1.49, that is below book (quite clean, no major Goodwill at $2.00/share), and the last quarter, IMTO, is not indicative of the next few quarters. They have some $100 MM on hand and unless they lose another $50 MM this quarter, I think they have a good chance to survive, if they survive, their sales should be in the $400/$500 MM annually and a market cap in the $200 MM is too cheap.

Zeev