Gulfstream

http://www.wired.com/news/business/0,1367,56014,00.html This is kinda crazy: some dotcom companies are repurchasing their own shares for less than their cash value. (The “cash value” of a share is equal to a company’s cash holdings divided by the total number of shares—to repurchase shares for less than their cash value the total value of a company’s shares must be less than what the company holds in cash.) In other words, investors now not only don’t believe that some dotcom companies will never make money, they believe they’ll waste the money they’ve got! 13:36