tag:blogger.com,1999:blog-1574061626436807984.post7055058107533494453..comments2017-05-03T13:29:44.586-07:00Comments on ShadowStock ... Deep Value, Contrarian Investing: New Ben Graham Net Net IdeaShadowStockhttp://www.blogger.com/profile/07479687972479864521noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1574061626436807984.post-15912391869279291832010-04-06T09:46:47.082-07:002010-04-06T09:46:47.082-07:00not sure why you were reluctant to post, this is a...not sure why you were reluctant to post, this is a great idea. It is not quite cheap enough imo given management but if activist shareholder gets pushy this could get interesting really quickly....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1574061626436807984.post-81750008985323231212010-03-31T05:29:56.919-07:002010-03-31T05:29:56.919-07:00Hi Jae Jun
When I get home tonight I will try to ...Hi Jae Jun<br /><br />When I get home tonight I will try to provide more insight. <br /><br />Another angle other than the balance sheet which will be fine for some time is the push by the CEO to expand the functionality and the market potential's wide spread use of their services. <br />The recent purchase and use of Cisco’s "Unified Computing System" technology, new senior management hires like Vice President, Distribution Network <br />http://finance.yahoo.com/news/LookSmart-Announces-pz-3490068775.html?x=0&.v=1<br />and senior data miners to push out the usefulness of their services. <br />With the new data center, 1.1 million deal already paid for Cisco technology , activist shareholders, stock based compensation with smaller than average senior management salaries.<br />Time will tell if they can turn this ship but it seems positive press will substantially move the stock at current prices.<br />Risky and needs more work. I’m late for work so I have to go now. <br /><br />Thanks for the question <br />JohnShadowStockhttps://www.blogger.com/profile/07479687972479864521noreply@blogger.comtag:blogger.com,1999:blog-1574061626436807984.post-38219717513757643922010-03-29T23:30:19.851-07:002010-03-29T23:30:19.851-07:00My concern is the cash burn. The company hasn'...My concern is the cash burn. The company hasn't been cash flow positive for over 6 years.<br /><br />Any concerns about this?Jae Junhttp://www.oldschoolvalue.comnoreply@blogger.comtag:blogger.com,1999:blog-1574061626436807984.post-25742416752792818392010-03-28T13:01:14.580-07:002010-03-28T13:01:14.580-07:00good point
Net Net Working Capital = Cash and sho...good point<br /><br />Net Net Working Capital = Cash and short-term investments + (0.75 * accounts receivable) + (0.5 * <br />inventory) – total liabilities<br /><br />Thanks<br />JohnShadowStockhttps://www.blogger.com/profile/07479687972479864521noreply@blogger.comtag:blogger.com,1999:blog-1574061626436807984.post-36319051487448170482010-03-28T11:06:18.838-07:002010-03-28T11:06:18.838-07:00This is too expensive to be a Ben Graham Net-Net:
...This is too expensive to be a Ben Graham Net-Net:<br /><br />current assets - total liabilities = $1.19<br /><br />66% of 1.19 = $0.78<br /><br />Still seems relatively cheap at this level, cheap enough to have a second look at.tedk81noreply@blogger.com