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Strategies & Market Trends : Value Investing

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To: RockyBalboa who wrote (11931)1/21/2001 7:52:06 PM
From: Q.  Read Replies (1) of 78644
 
re. SPORE, I don't like stocks with an E at the end. If the Nasdaq doesn't like it, then I don't either. I'd rather look at another of the ~7000 stocks trading on nyse or nasdaq.

Nevertheless, I took a quick look, and I found that it's cheap compared to net current assets only when you include the inventory of golf shirts, which accounts for half the current assets. I have no way of knowing how valuable a Haley-brand golf shirt might be in liquidation, but I'm sure it's not as good as cash.
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