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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Lisa A. Grabenbauer who wrote (10427)4/26/2000 11:41:00 PM
From: Bob Rudd  Respond to of 79000
 
Lisa, <<FILM It sports a 1.81 P/E and a book value of $3...selling at $2.25>> I think that 1.81 P/E comes from non-recurring asset sales in QE 12/31/98 & QE 03/31/99
Look at 'other income' on IS and asset sales on the CF statement. Pull this out and the TTM EPS as of 09/30/99 are more like -1.17
Often when small caps show super low PE's, they've stuffed asset sales and other non-recurring into the E's.
bob