GREY:WSMXF - Post by User
Comment by
workrestplayon Sep 07, 2001 4:04pm
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Post# 4176294
RE: Cash Burn Rate - See My Sept 6 Post
RE: Cash Burn Rate - See My Sept 6 PostGord, what exactly do you mean that WRX is hanging on by its teeth? You realize that there has been a divergence between what a company does, and its potential, and what a company's stock is being valued at? The stock price is not WRX the company. I see many tech companies declining and on small volumes. I see that WRX has good volume, I see that those who have been buying WRX stock continue to buy WRX, and I see that the small investors represnted by the discount brokerages are selling. I see no worries, since it is usually the little guy who uses discount brokerages that get burnt by poor timing. Surely their annoucement stating that they have reached their goal in sales for the fiscal year already is good news; surely having the majority of the year remaining to create further sales, thus more than surpassing their projections is not hanging on by their teeth - relax, you did not invest in stock, you invested in a company.