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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (161)6/3/1999 5:44:00 PM
From: Q.  Respond to of 1931
 
Here are the results for the 5 stocks I listed in post (0) back on 9/10/98.
These stocks were among the lowest price/cash ratio for a
stock price > 3 and a market cap > $30 M.

9/10/98 6/3/99 9/10/98 9/10/98 9/10/98 9/10/98
symbol price price % change market cap cash price/cash cash/rev business

CPCI 6 3/4 8 3/4 +30% $33.3 M $35.6 M 0.93 3.3 Q RAID disk drives
CNXS 3 13/16 3 3/8 -11% $70.0 M $66.4 M 1.05 5.5 Q anti-snore nose strips
ANET 5 1/2 20 5/8 +275% $50.4 M $46.0 M 1.10 3.9 Q frame-relay WAN equip
KNTK 6 3/8 7 5/8 +20% $45.3 M $40.7 M 1.11 3.4 Q laser printers
MTSN 3 1/8 8 +156% $45.9 M $40.3 M 1.14 2.6 Q semi mfg equip

average gain +94%
standard deviation 120%

Russell 2000 +23%

Sept. 10 was, of course, near a market low, where small cap stocks
especially got pounded.

I think these results look pretty good. Seems like buying these
stocks near a market low results in a substantial out-performance of
the indexes bought at the same time.