Read-Rite Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Read-Rite

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William Wang who wrote (3209)	5/18/1998 11:03:00 PM
From: Dennis R. Duke	Read Replies (1) of 5058

I agree with your calculations except cash per share. It could also be that cash should include short term investments which would change the calculation as follows: Cash $104,979, plus Short Term Investments $64,370 divided by 395, 066 equals $3.5045216 cash or near cash per share. Would you agree that the down side is NBV per share of $8.18. Anything near that and I probably will liquidate my other positions to buy in. This Goose is over cooked in my opinion, Dennis OT P.S. sure would like to know were Yahoo got its data. Must not be that good a Internet Portal!!! Go SEEK!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next