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Non-Tech : Harris & Harris Group (TINY) -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (13)10/20/1999 12:51:00 PM
From: Boyd Hinds  Read Replies (1) | Respond to of 142
 
They also made announcement about their NAV. Interesting is that they don't appear to earn very much Q over Q.

I would point out that they distribute a big chunk of their windfalls to their investors in the form of dividends. I don't believe that these distributions are included in the current net asset value of the company. If you add back distributions over the past two years, it comes to 1.10/share. That's 43% of the current net asset value of 2.54!

Regards, ABH