SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?


To: stock leader who wrote (1216)1/25/2008 4:35:00 PM
From: EACarl  Read Replies (4) | Respond to of 1931
 
Actually, NSTR has about $3.09 in cash per share as of year end.

"Mr. Bowers continued, “On December 31, 2007, we had more than $80 million of cash and investments....."

biz.yahoo.com

Shares are about 25.9 million.

Yeah, I'm in too. Extremely rare to find any stock at less than .5 price to cash - even a cash burning medtech/biotech.

Still looks to be working through the institutional distribution / margin calls etc etc, but when that's done why can't it run to at least ~$2?