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Non-Tech : The Official Guide To GOOFS

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To: Grainne who wrote (428)8/2/1996 8:38:00 AM
From: Maurice Winn   of 3539
 
Spacey, "Spare Parts Value", or SPV is the official Wall Street term for selling off the bits of a company. When the SPV exceeds the "Stock Market Value" or SMV, the company is said to have "Positive Net Worth" or PNW. If SPV < SMV it is called a "Lemon", or LM. That is in the Transportation Sector and intended to reflect the value of cars themselves. When new, the SPV is much less than the SMV, but as they age, the PNW arises and they can be sold as parts. In other sectors I believe they use other expressions.

Using the right terms isn't very important. DLM is most important, ie "Don't Lose Money".

How does that sound?

Anon.
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