Tech Data: A New Net/Net

Oct. 3.08 | About: Tech Data (TECD)

Widely swinging markets typically reveal new net/nets, and a "bigger" player (not saying much in net/net land), among the biggest we've seen in the past decade, just hit the radar:

Tech Data
Ticker: TECD
Price: $28.8
NCAV: $1.639 billion
Market Cap: $1.45 billion
Cash $468 million
Total Debt: $422 million
P/E: 10.7

This Clearwater Florida based company distributes hardware, software and networking equipment, and provides services such as training and technical support.

As always, do your own homework before taking a position in any company.

Disclosure: The author does not have a position in Tech Data.