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 : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (13357)9/1/1998 12:28:00 AM
From: craig crawford  Respond to of 18691
 
>> Has anyone seen a company with this much cash, positive earnings, good future growth ever trade below book <<

Positive earnings? I don't see any positive earnings out of this company (MRVC). They have some cash from a secondary, but that's about it. I think it's a waste of time.



To: ItsAllCyclical who wrote (13357)9/1/1998 9:11:00 AM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
Jim, the MRVC situation is not clear. Earnings are in the tank, but they do have a lot of cash. Unfortunately we have learned that companies usually manage to dissipate cash with very little of it benefitting shareholders in the long run.