augie....give a man a fish, and tomorrow he's hungry again. But teach a man to fish....<g>, (sorry dude, but I went to all the trouble to type that out, and I get the feeling you're not allowing it to sink in, and consequently, won't fully appreciate how it applies to CORV at this point in time.)
Seriously, before we get to the CORV speculation, why don't you first apply this simple formula to some of your gems, you know the ones you posted here (http://www.siliconinvestor.com/readmsg.aspx?msgid=17672442), to see if any of them are inexpensive.
And you might try it on WCOM , LU, etc. to see how they compare. What happened to a lot of these crashing telecoms is they were carrying a lot of nebulous 'Intangibles' and 'Goodwill', stuff that becomes irrelevant in a bankruptcy, and stuff that the casual balance sheet reader glosses over. |
