SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wind River going up, up, up!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Peter Church who wrote (10128)9/27/2002 3:20:50 PM
From: JSwanson  Read Replies (1) of 10309
 
Can a stock fall much below its book value?

Sure, if the market doesn't believe the book value or if the market believes that the company will continue to lose money. Further, the stock is still selling above its tangible book value. Book Value is roughly $3.76 per share and Tangible Book Value is roughly $2.43 per share. Cash flow for WIND looks ugly. If something positive doesn't soon with one of WIND's major end markets it could get a lot uglier. I too have quit following this stock for the most part.

Only time I think about WIND now is if someone posts on this near death board.

Regards,

JS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext