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Non-Tech : CDWN - Colonial Downs (1st Horse Track in VA since 1800s)
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To: AJ Berger who wrote (110)11/5/1997 8:01:00 PM
From: Flan   of 158
 
What am i missing here the company has $5 a share cash, plus other intangibles, If I remember the book was 7.55. Things must be pretty grim for the stock to trade under book. The company was profitable in the most recent qtr. What to do. It would appear as if the downside is somewhat limited with all of that cash or am I missing out on something.
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