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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (37028)11/6/2001 8:53:04 PM
From: milesofstyles  Read Replies (1) of 37746
 
entu's book value is currently 2.18 per zacks. even 3 or 4 qtrs ago, when it was listed as 10+ it was bloated by the intangible account, which comprised 55pct of total assets. i've mentioned this b4 on this thread several times in recent months. here is a perfect example of the effects on earnings, as well as book value as companies write off their intangibles. compare the qtrly movements in the balance sheet and income statements over the last 3 qtrs.

my.zacks.com

dontknowwhyibotherov
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