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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?

To: BulbaMan who wrote (753)	5/12/2003 6:26:44 PM
From: stock leader	Read Replies (1) \| Respond to of 1931

"CARE's burn rate is under control ..." No it isn't. In a cursory look at CARE, I see those scums pissed thru $2 mill cash last qtr. Based on that rate (and assuming burn rate doesn't go higher) then CARE will only have $9 mill cash left at year end. And unlike NETP, CARE hasn't done SCHITT for shareholders yet. NETP, on the other hand, has reduced expenses greatly and cut much of the staff in anticipation of a buyout. Also NETP has hired investment bank to ensure maximization of shareholder value. So in summary, i'd put alot MORE cash into NETP than i'd put into CARE. I wouldn't put much into CARE because a buyout will be a fluke surprise, if it happens at all. mgmt doesn't seem to give a schitt either way...they are just putzin along