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Technology Stocks : Photronics [PLAB] -- Ignore unavailable to you. Want to Upgrade?

To: Ira Player who wrote (421)	11/1/2008 5:40:37 PM
From: Robert O	Read Replies (1) \| Respond to of 424

Ira, I thought the problem here when it first caught my attention at around 3 bucks a share was the debt relative to cash and market cap. from yhoo stats plab has 228 mil in debt but only 80 mil in cash and a market cap of 29 mil today. Aren't they already technically BK? You see this a lot with stocks that just need time to actually announce the formal BK. Compare to a NVDA with no debt decent amount of cash relative to its market cap. It came off hard from its recent lows due to that...of course I predicted this in my mind but never traded on it <sigh>. Let me know how you see PLAB having value, even in liquidation, that surpasses its debt problem. thx RO