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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.00Dec 5 4:00 PM EST

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To: Patricia who wrote (15292)6/23/1998 10:14:00 PM
From: Lazarus Long  Read Replies (3) of 50264
 
Great job Patricia!

The 1:10, I assume was their calculation for the current ratio (backwards by the way)... a measure of the liquidity of the company and ONE thing used to indicate if the company is in for cash flow problems. It is calculated by dividing liabilities by current assets. Analyst10, I'm sure meant to say 10:1.

Based on what you just stated I figure that the ratio goes about 1:5 the other way... very liquid... and as a kicker, no long term debt.

BTW, with this kind of current ratio, DGIV should have no problem getting a short term loan for the $1m required by the investment A10 was talking about...

I can only see about 3 reasons why Ms. Analyst would have different figures:

1) She is a very poor analyst
2) She is not an analyst at all
3) She is very aware of how to calculate this information, but decided to provide a "different outlook"

The fact is folks... as Patricia has shown us... Analyst10 has zero credibility.

Lazarus
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