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Enterasys (ETS) RSS Feed

Followers
0
Posters
3
Posts (Today)
0
Posts (Total)
3
Created
05/03/04
Type
Free
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As of early May 2004, ETS is hitting 52 week lows of under $2 per share. With .79 cents/share in cash, another 33 cents in Property, Equipment and long term investments, receivables, inventory and "other" in excess of .30 cents/share, and running at cash flow break even, how much lower can it go? This stock either goes to zero, runs back up to the mid single digits, or gets bought out. With no debt and cash in the bank, I think the odds of going under are very slim, making this a very interesting investment for the next few years.
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