Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TimbaBear who wrote (15288)	8/21/2002 10:33:25 AM
From: Paul Senior	Read Replies (3) \| Respond to of 78714

TimbaBear, if I could find a profitable or at-breakeven company selling below cash value and with no ltd, I'd likely buy the stock. I don't recall seeing any that meet all these criteria. Might you have come across any that fit? (aside: I have seen a couple that look odd to me, eg. a finance stock with ltd shown as n/a selling well below cash/sh, yet also selling above book value.) As far as relating these stocks that sell below cash value to my portfolio... combined, they make up maybe 5% of my portfolio. So far in total, they are not working out. Although some of the companies seem to be making progress to reduce cash burn, most are seeing continuing declines in sales and further declines in their stock price. Some of the $1-2 stocks that were below cash value are now selling for under $1 and below a now also lessened cash/sh value. Further, it seems to me those stocks that appear to be holding on to their cash are being ignored in this market, and their stock prices have also come down. I'll guess the best % performer in my basket so far is MCsweet's and the the thread's 2001 3-pick of SOFN. Paul Senior