原推:Thank you @freshjiva. Stocks sold off after the tech/telecom bubble because the “dream” would not become reality for 20-25 years. Genomic sequencing, adaptive robotics, energy storage, AI, and blockchain technology are realities, their stocks seemingly in deep value territory. https://t.co/RyhWF8hLLI
The number of companies that now trade at a discount to *net cash* has matched the highs following the 2000 bubble bust.
The calculation I used is of the strictest kind: (Diluted Shares Out * Price) / (Cash & Equiv – Total Liabilities).
We are getting close… https://t.co/3MtvCZNU2z