DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! Message Board

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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!

DGIV 0.00

Dec 5 4:00 PM EST

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To: Lazarus Long who wrote (15314)	6/24/1998 10:02:00 AM
From: Lazarus Long	Read Replies (1) of 50264

Hey folks... I need to correct something... Yesterday, I said the current ratio was 1:5 (current debt to current liabilities)... that is inaccurate... I used the entire notes receivable figure, not just the current portion (typically defined as being due in one year). Even using the current portion of the notes receivable (~$2M), the ratio still approximates 1:2 (current liabilities to current assets). It still indicates that there is no difficulty here. Lazarus, sorry to have made the mistake.

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