Below Book Value (Or Better Yet Cash Value) Message Board

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Non-Tech : Below Book Value (Or Better Yet Cash Value)

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To: rjm2 who wrote (20)	9/15/2000 6:05:22 PM
From: rjm2	Read Replies (1) of 24

CRTN (30-40 cents) new 10q is out. They continue to lose $. Book is 84.3 cents Net current assets 74 cents Cash 52.3 cents Net cash 35.4 cents Stocks 5.5 cents With only 3.128 million shares out, the damn shell is worth something. Net current assets can support continued 4 cent per quarter losses for about 4 and a half years. All we need is for SOMETHING to happen before then. The previously mentioned liability is very small, under $40k.

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