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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ellen who wrote (16720)10/10/1998 1:53:00 PM
From: Ditchdigger  Read Replies (1) of 53068
 
"1G) On December 31, 1995, the bid price of American Diversified
Group Inc. was $0.23 per share, thus reducing the cost by $217,200
and reducing the value of the securities on the Balance Sheet to
$13,800, which is net of unrealized losses." Well we know they were holding them at this point..so let's see invested $231,000, worth $13,800 on Dec 31 '95 only a 94% loss.......DD
PS: sorry Z's, I'll end this here..
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