Nope, ZZ's not the culprit. Calculator spouted off with it when I made fun of his call on CORV as a great LT value play.
According to Calculator, CORV is trading @ 50% of its 'Bottom Line Value per Share'. Message 17672671
Here's his post lecturing me on basic economics: Message 17672602
His formula say [(Cash and Short Term Investments) – (Total Liabilities)]/(Total Shares Outstanding) = (Bottom Line Value per Share)
I tried it out on MSFT, and here's what I got:
Cash $5,116,000,000
STI +$33,577,000,000
========================
$38,693,000,000
($14,079,000,000) (less total liabilities)
========================
$24,614,000,000
Divide by shares outstanding, which is 5,420,000,000, and you get $4 and change.
Go figure. CORV is an economic powerhouse and MSFT is headed for oblivion. <ggg> |
