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Non-Tech : Telespectrum Worldwide (TLSP)

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To: Sandra who wrote (203)3/17/1998 10:36:00 PM
From: Daniel Schumacher  Read Replies (2) of 265
 
What is the story here. I get bits and pieces, but the bottom line is book value of 9 dollars. Company goes belly up and you make money. Are the assets overvalued accounting wise or something. I normally reserach myself on a stock, but not a lot of info out on TLSP. I was concerned that insiders were mixed on the company. Not sure why anyone would sell shares in a company that is at less than half price to book. Any more info?

Dan S.
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