BWNG Click here to go to the original topic          Value Investing Forum Forum Index -> Value Stock Picks ywang11 Sun Jan 22, 2006 2:25 am     BWNG  Hi Blast, What is your take on BWNG? The replacement cost of its network would be 5.5 billion according to its CEO. Many people think that it is undervalued at the current price (8/share). blast_investor Sun Jan 22, 2006 3:07 pm       Hi ywang11, I do not see any value in this stock BWNG. It has high price to book, negative earning, negative cash flow. This is very speculative stock. The business model of this stock is technology based. Therefore, the stock is more of hope and growth of future, rather than the current reality. This stock is not suitable for Value investors. This is more for growth investors or venture investors. Once a while, there going to be one furture Intel or Microsoft from this type of stocks, but statistically, the chance is pretty small. There is no certainty of that. I would avoid it.          Value Investing Forum Forum Index -> Value Stock Picks Page 1 of 1 Search Engine Indexer BlastInvest @2005 p h p B B © 2001, 2002 p h p B B Group