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


To: Grommit who wrote (33477)2/9/2009 6:43:33 PM
From: anializer  Respond to of 78752
 
Yes, thanks. I had seen that article. A few articles were posted on YHOO message board also, like the one below.

eweek.com

Seems to be in a fairly good uptrend. No doubt some fits and starts along the way. Too bad I never bit when it was $2.00, but I think it can do better with some patience. Still seems relatively cheap. The way I calculate, even if they marked down their assets by 50% which is quite unlikely, it would still be tangibly worth almost twice the current price. Since they are expected to be net profitable in 2009, it has a fair margin of safety at these prices.