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Technology Stocks : Cayenne Software (CAYN) -- Ignore unavailable to you. Want to Upgrade?


To: Jay Hartzok who wrote (981)7/14/1998 4:03:00 PM
From: G. H.  Read Replies (1) | Respond to of 1096
 
Better Jay, ? :-)

I know what you mean. I think the 16 to 17 mil that they said they
have was a combination of cash and receivables. Yahoo lists the
cash position at .37 or about 7.8 mil. Deduct that and we get the
company for .28 a share, lets see thats under 6 mil for the operations.
I can't define cheap any better. I checked their web site and they
still have help wanted positions out there, maybe they need to update
or maybe they plan on staying around, I don't know. I did have a nice
play in the oil patch, bought and sold ESV for a buck profit, held for
24 hours. I am getting a little pissed about not getting through to
IR, but I will keep trying. If they get any cheaper maybe Frank can
buy them out and give us all some fat options :-)

Henry