Ashraf Eassa
Long/short equity, contrarian, independent research, tech

STEC: Trading Near Cash Value, 140% Upside Potential By 2014

It's not often that I would bet against a company with a large cash position relative to its market price. In fact, one of my favorite metrics to look at when I begin a screen for underappreciated, deep value plays is the net cash relative to market capitalization. My view is that having a stockpile of cash to cushion several quarters of losses is a critical weapon against bankruptcy for a compa...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
WITH SEEKING ALPHA PRO, INVESTORS CAN ALSO:
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
You are protected by the Seeking Alpha Money Back Guarantee and will get a prompt refund on the unused portion of your subscription at any time, for any reason.