Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (30970)	10/24/2000 9:48:26 PM
From: pater tenebrarum	Read Replies (2) of 436258

one more thing..the balance sheet...current liabilities of 659m., long term debt of over 2bn., negative stockholders equity of 487m., accumulated loss of 1,7bn. WOW. this sure calls for a celebration of sorts...i don't think there's a precedent for a 3 or 4 year old company sporting a balance sheet quite like this one and still be considered a going concern... to be fair, their cash position almost equals their current liabilities...and then there are 252m. in 'marketable' securities...which according to the footnote are mostly equities. presumably in other dot-bombs. which makes me doubt both the valuation (are they marked-to-market? it doesn't say) and the 'marketability'....

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