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


To: Paul Senior who wrote (15547)10/1/2002 3:38:51 PM
From: Wallace Rivers  Respond to of 78628
 
Here is a "tech" stock which has been hammered, and now is approaching the value realm. I have no position in it, I have followed its ups and downs for years, it being headquartered close to home:

MAPS (Map Info Corp.)
2.18/1 Current Ratio
Small amount of LTD (8 million)
$2.35/sh. in cash and short term investments
$5.14/sh. BV
$4.32/sh. net tangible assets
52 week high/low/current 17.37/3.95/3.75

It's been hurt like most in this downturn, reporting net operating losses. Any comments on this very thinly traded fallen angel?



To: Paul Senior who wrote (15547)10/7/2002 12:22:10 AM
From: Don Earl  Read Replies (2) | Respond to of 78628
 
<<<What about technology value stocks.>>>

I picked up a few shares of AMD at 3.71 (1/3 book value) Friday morning. Naturally it fell another .20 since then. It's looking like I should have kept my put portfolio a while longer. I've been getting clobbered pretty good since I started buying stock again, and I was able to resist as long as I could. I don't have a fuzzy clue where techs are going to bottom, but some of the prices I'm seeing have me almost as amazed as I'd be if I pulled into a filling station and saw gas at forty cents a gallon. Oh well.