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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: sea_biscuit who wrote (3397)3/13/2001 11:07:07 PM
From: SouthFloridaGuy   of 3543
 
So what is the company worth -- nothing? Should it be given away for free?

It's worth the value of its Assets - Liabilities = Shareholders' Equity.

Divide that by shares outstanding and you get Book Value. A business that makes no money for an extended period of time should be valued at its book plus a certain amount of goodwill.
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