6 More Outrageously Cheap Stocks

With all of the recent volatility in the market, what stocks are outrageously cheap?
I found one recently, and I got to thinking about the others out there when I read money manager Bill Miller's comment that "the market abounds with good value." Of course, Mr. Miller also wrote last August that stocks were the cheapest they'd been since 1991 ... and after a brief rebound, they've gone right on dropping. Mr. Miller's fund has suffered thanks to core holdings in some recently deceptively cheap stocks such as Eastman Kodak (NYSE: EK), Electronic Arts (Nasdaq: ERTS), and General Electric (NYSE: GE).


You generally won't find as much interest among small caps, which is one of the reasons why -- given the criteria above --Crocs (Nasdaq: CROX), Gymboree (Nasdaq: GYMB), and Cryptologic (Nasdaq: CRYP) look outrageously cheap.
Company
EV/EBITDA
Cash on Hand
Investors Scared Because...
Crocs
1.0
$51 million
They think the shoes are a fad.
Gymboree
3.5
$44 million
Worsening economy will affect consumer spending.
Cryptologic
2.8
$58 million
Worsening economy and legislation could hurt Internet gambling.