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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (74925)3/3/2001 3:32:09 AM
From: S. maltophilia  Read Replies (2) of 436258
 
<<. that's why the mundane 'old economy' stocks are so much more resilient to the downturn thus far...while they are overvalued too,they at least own hard assets. >>

The amazing thing is how little some of these companies' net assets are worth; some (e.g. GIS) actually have negative equity.
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