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Strategies & Market Trends : Bankruptcy Predictor Model

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To: Razorbak who wrote (45)3/16/1999 7:45:00 PM
From: mc  Read Replies (1) of 477
 
Razorbak, that is fabulous work on PKD and the thread as a whole. I just found this thread and am loving it. I'm a math junkie and really appreciate all the efforts put forth on this thread.

While at the time I didn't have this formula available to me, I had suspected after reviewing the financials that Parker was hurting bad and the debt was potentially a killer. I'm an SESI shareholder and was incredibly relieved when the deal was called off.

Your analysis only lends validity to my previous fears.

Keep up the good work,
Gary
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