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Technology Stocks : Apple Inc.
AAPL 273.85+0.5%Dec 24 12:59 PM EST

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To: X-Ray Man who wrote (8491)2/13/1998 11:27:00 AM
From: Alomex  Read Replies (1) of 213177
 
you don't subtract debts from cash to determine cash.

But you do subtract debt from cash when using it as a valuation method to recommend purchasing shares. That is what buzz did, and he forgot to subtract liabilities (I would also recommend subtracting another 30% from what is left, because that is the kind of margin that an LBO purchaser would be looking for before buying Apple solely for the cash...)
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