SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ccam

 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext  
To: JDGarza who wrote ()5/10/1999 1:49:00 AM
From: chalu2  Read Replies (1) of 85
 
Book value is only one measure of where a stock should trade. Much of this stock's book value is in inventory built up for an untested new business line. Last quarter, there was $1.5 million in negative operating cash flow, and a big increase in receivables and debt. There are some companies that trade below book value for no good reason--here, investors are concerned. I have no opinion on whether or not the company will be successful, but I do see the rationale for the current cautious valuation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext