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

To: Jurgis Bekepuris who wrote (31822)	8/22/2008 1:34:31 AM
From: Paul Senior	Read Replies (2) \| Respond to of 78748

HRAY. I see that competitor(per Yahoo) Linktone is also trading below cash value. Had you looked at this stock also? Normally, I'd be willing to buy both. In this market, holding below-cash stocks has not be profitable for me though. I realize I'm not discriminating in making these selections as some people here are. OTOH, I have bought a package of below-cash stocks, have been holding for more than 18 months - seems like forever with these - and so I would expect at least a couple to have done okay (increased in price) by now. Instead, a couple have consumed most of their cash and have dropped further in value. The others all hang below net cash and below my buy-in prices. So with the results I'm seeing I'm reluctant to pick up any more 50-cent dollar bills now. Jmo, based on my recent experience. Others may be getting quite different results with their below-cash and/or net-net picks. finance.yahoo.com