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


To: Paul Senior who wrote (17363)7/5/2003 11:57:01 PM
From: Arthur Radley  Respond to of 78507
 
I started a new thread tonight on a stock that I've been buying for the past few weeks. On the surface you might say that it is in a very mundane business, but check out what I have listed and I would appreciate any feed-back. The fact it hit a new 52 week high this past week indicates that the trend is going in my favor...at least for the time being...

Subject 54090

The stock is STKL and you might look at what Multex Investors(Reuters) said about the company just a few days ago. dai.multexinvestor.com



To: Paul Senior who wrote (17363)7/6/2003 5:14:05 PM
From: MCsweet  Read Replies (1) | Respond to of 78507
 
Paul,

I recommend VNWI on the Low Price Cash board in the 0.60 to 0.70 range several months ago. At about 1.00, I have sold off some of my original position, but still have a decent holding in this firm.

VNWI is still a below-cash stock with new management in place that seems focused on achieving profitability. VNWI has also initiated a shareholder buyback (although buyback progress is uncertain), but there is also a potential reverse split that is hanging over the stock.

The stock keeps hovering around $1.00, which I think is the minimum price requirement for listing --- I'd rather they'd just do the reverse split and get it over with. At the very least it'd save me on brokerage fees ...

It would be nice if those technology folks gave this stock some of the ridiculous valuations that other techie stocks are now starting to get. It is almost like with these high-cash stocks you get the cash (minus a couple quarters of burn) as a floor with a free call option in case investors want to give your stock an irrational valuation. I've already seen it with ALVR, DCRN, AVNX, etc.

MC