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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (484)3/9/2002 12:36:01 PM
From: J. Nail   of 787
 
The auditor's report might have been referring to the current ratio of .83 vs industry avg. of 3.42 and the quick ratio of .71 vs industry avg. of 3.10. Not a very pretty picture but one that can be (must be) improved on and I think it is improving. These ratios came from a good wire house but they are based on last quarter's figures.
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