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

To: Zeev Hed who wrote (83138)6/21/2002 3:23:43 PM
From: DennisToo  Read Replies (1) | Respond to of 99280
 
Zeev,

How do you think IRF trades next week ? Company reaffirmed Q4.

D2



To: Zeev Hed who wrote (83138)6/21/2002 4:15:53 PM
From: public_heel  Read Replies (1) | Respond to of 99280
 
Ze'ev... I figured RDRT would have a bad day, today, but I did not count on a 27% drop! I'm starting to think that it's already pretty far undervalued. Market cap is about $140m, and tangible book is about $160m (and that's assuming that the current quarter is as awful as the prior quarter... think it might be?).

If they have a shot at becoming profitable this Summer, they could well move up 50% or more.

Do you agree?


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