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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (3920)6/16/1998 3:41:00 PM
From: Allen Furlan  Read Replies (2) of 78476
 
NAKD in the dark. Lights should come on in a month or so.
biz.yahoo.com
I have called this company several times. Auditors may be through in a month or two. In the meanwhile Nations Bank is willing to let them use their cashflow to work their way out of the mess. Question is company worth 10% of their purported 1997 book value? My horse racing instincts told me to place a small bet on this longshot. Nations Bank financial people must have seen at least a ray of hope.
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