I don't think yahoo's cash per share can be right, can it?
Yahoo says: Shares Outstanding: 3.18M
I get $1.95 cash per share based on this, but I could be wrong:
biz.yahoo.com
LIQUIDITY AND CAPITAL RESOURCES
Cash and cash equivalents were $6,192,746 at September 30, 2003 and $6,621,601 at September 30, 2002. Cash used in operating activities of $461,817 for the nine months ended September 30, 2003 was primarily a result of our net loss adjusted for non-cash charges.
Cash provided by investing activities was $180,839 for the nine-month period ended September 30, 2003 and $1,075,809 at September 30, 2002. Cash used for capital expenditures was $22,666 and $61,922 for the nine months ended September 30, 2003 and 2002, respectively. Proceeds from the sale of investments for the nine months ended September 30, 2003 declined to $587,864 from $2,237,706 when compared to the same period in 2002.
Cash used in financing activities was $249,436 and $207,289 for the nine months ended September 30, 2003 and 2002, respectively. During the nine months ended September 30, 2003 and 2002, the Company paid aggregate dividends of $284,677 and $282,964, respectively.
Our ongoing cash requirements will be primarily for capital expenditures, acquisitions, research and development and working capital. Management believes that cash on hand and any cash provided by operations will be sufficient to meet our cash requirements through at least the next 12 months. |
