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Gold/Mining/Energy : CDN. MOMO PUPPIES
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To: Daytek77 who wrote (28165)2/25/2000 1:41:00 PM
From: keith massey  Read Replies (2) of 36688
 
Daytek

I know the definition of book value. I know this is not a fundamental thread but my point was that they have $81 million in assets made up of cash, inventory, accounts, plant and equipment and goodwill. These are all "assets" but some might not be able to be cashed in for the full value (like goodwill and equip). They do have $48 million in outstanding debt.

$81 mill - $48 mill = .82/share book value, but is this an accurate number for the true book value?

Good luck to all PAC holders. Not short and I hope it goes to the moon. Just wanted to clear up that fundamentals point.

Best Regards
KEITH



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