Landec's balance sheet is loaded with cash and no debt. There are other companies out there that depend on revolving loans to sustain operations. Some will face insolvency as credit dries up. This creates a couple of major opportunities for Landec:

Other outfits will need to shed assets to raise cash. Prices for these assets are being beaten down.

Some companies will need to arrange a shotgun marriage to save themselves.

Cash is king in this environment and Landec has both cash and a "consumer staple" cash flow stream that is enviable. If the company makes an inspired move it will leverage their position well beyond "normal" growth and expansion expectations, IMO. On the negative side, management has not shown the best judgement in past acquisitions.

Can you name other stocks in this kind of position?