[Claeren]

I was impressed to read that Apple, a company I had kind of been ignoring at their old valuation and with all that hype, is actually holding $20.8-Billion in cash, with no debt(!) and the strong potential to be holding $30-Billion in cash by 2009 (as per NYTimes today).

In this market/world of insolvent companies, insolvent consumers and insolvent governments that is pretty impressive!?


Westjet and Southwest (Southwest despite their big write-down this quarter due to accounting rules in regards to their fuel hedging more so than fundamentals) are another two I was looking at. Lots of cash reserves and no/little debt, very used to recession-type mentalities in their operations, and benefitting from the big drop in oil prices.


NOTE: I haven't actually looked at their current stock prices, I have just been poking around looking for companies with no debt and lots of cash on hand - I'll get to the stock pricing later but can assume they are at or close to 52-week lows.

Who else has some companies worth mentioning?

I still think the market is far from done its bear-tumble as there is still tons of debt destruction that needs to take place and the US, in my humble opinion, is more bankrupt/insolvent than it is illiquid, but still good to know the potentially good companies from the bad.





Claeren.