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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (16014)2/2/2003 2:09:53 PM
From: mishedlo  Read Replies (1) | Respond to of 19219
 
I forgot to add that AMZN has a likely date with ZERO as well. Companies deep in debt that continue to lose money will eventually go under.

AMZN NXTL FON are in that category.
Add to that list GM F GT TYC and perhaps even GE. GE will probably be busted up at some point to save what is salvagable, just as TYC tried to do the same.

BEAS has a market cap of 5B with piss poor revenues, and lots of debt. I bet if stock options are figured in, BEAS has not had a profit for years. Reality will set in on that POS, it is just a matter of time.

Will stick with $2 as a price target.

M