Thursday, October 02, 2008

Cheap Stocks Random Note: New Net/Net

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.

*The author does not have a position in Tech Data. This is neither a recommendation to buy or sell any securities. All information provided believed to be reliable and presented for information purposes only.

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