Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Nice "rear view mirror" approach, where do we find such great values now? At the depth of the bear we had a group of "value orphans" here as well (and many of these have done well, however, two are still orphans even after the nice cyclical bull move in the last 18 months). When stocks like CPST are selling under cash, there is usually a good reason. I remember their hype when it was in the 40th, and their business model did not make any sense, I have not looked at it since, do they have any real business prospects or do they keep burning that cash ad infinitum? They have already gone through $350 MM of other people money, just because they scammed the public out of half a billion, and some of it is still in the till, does not make them a good investment , IMTO, even at less than cash on hand, you know, they are on their way to burn it all. Too bad the Si search engine stinks, I had some choice words for that scam on SI in early 2001...