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


To: thecalculator who wrote (88429)6/29/2002 2:00:26 AM
From: augieboo  Read Replies (2) | Respond to of 99280
 
I think you're missing my basic point. The reason I asked you for the bottom line on CORV is because I don't care enough to figure it out, so I'm not going to waste my time on it.

As for the "gems" I posted. I never called them gems. I called them "bouncy POS's." And, in case you are unaware, POS stands for Piece of SH!T, you know, garbage, dreck, pond scum, rotten apples, sewage, crappola, how many ways can I say it?

The only redeeming quality these turds have is their demonstrated tendency to bounce very high when the NASDAQ rallies. And that's all I want from them.

To put it metaphorically, I have no intention of marrying the little tramps, I'm just looking for a hot body to cuddle up to for a week or two or five at the very outside. (Heck, sometimes an hour or two is plenty.) Thus, I don't give a flying fark whether they will be good mommies ten years from now, so long as they can "do the NASDY."

As for my "casual" reading of the balance sheet, I didn't look at the balance sheet, per se. I looked at their last quarterly report, and quickly did my own down and dirty analysis of this POS.

[1] They have 5 -- count 'em FIVE -- customers in the whole, entire, wide-wide-world of sports.

[2] Their number ONE customer, i.e, the one which owes them 69% of the total $$ they are owed, is WILLIAMS, which is bankrupt.

That's all the Fundy-Mental ANALysis anyone need perform, IMHO, before deciding that this POS is not worth a plugged nickel, and won't be anytime in the next who knows how many years.

I still have no farking idea what you think is so wonderful, (or is it awful?), about CORV, but I ceased to care several exchanges back, so you are welcome to your little secret.