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Technology Stocks : NTRG - Netergy Networks (formerly 8x8, Inc.)
EGHT 2.010+0.8%12:34 PM EST

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To: pirate_200 who wrote (44)3/24/2001 3:25:33 PM
From: Dan Hamilton  Read Replies (2) of 53
 
NTRG is trading at about half of book value. Using the true value approach, even if you count only current assets minus all liabilities, they'll hit that at 80 cents per share. They are trading less than the cash on hand right now.

What gives?
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