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


To: Wallace Rivers who wrote (25974)2/12/2007 11:09:46 AM
From: gcrispin  Read Replies (1) | Respond to of 78659
 
Thanks Wallace,

I sold LUV today for a small loss. I look at the stock as more of a trading vehicle, so I'll review the stock at lower levels.

Also sold the rest of IMOS for a 1.5 gain.

Message 23239117

Last week I purchased MNDO, a stock mentioned here by Mcsweet. Below is a dated but good review of the stock.

Message 22224376

The question of their cash reserves has been resolved.
biz.yahoo.com

So you have a company with 37 million in cash, no debt, a price to book of 1.2 and a market cap of 57 million dollars. The company has recently signed some new clients, so my hope is that the revenue growth will start to improve. In some ways, MNDO is an telephony play on the improved wealth factor in emerging markets. BTW, the company, in the past, has paid a dividend.

mindcti.com