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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom?

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To: Arthur Tang who wrote (233)12/31/1999 11:37:00 AM
From: Arthur Tang   of 305
 
Based on pass data, negative equity of $41 million in October could be turn round during the X'mas season to around $24 million equity. Total stock issued is about 100 million shares. SMC stock will have net an asset value of $0.24/share. This is assuming sales will be $2.4 billion this year down from $3.1+ billion last year.
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