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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (2215)3/6/2001 10:27:57 PM
From: Logain Ablar  Read Replies (2) | Respond to of 2850
 
CORV came on my radar screen today.

Message 15441984

Bear markets provide uncommon values and under $8 should be good. I say this without running any chart but the IPO was much higher than this level.

As for self insuring I don't know the answer. If I kept my financials I'd be able to see the insurance expense and try to confirm. I can't see them not insuring with Lloyds. It would be very foolish to not have insurance. I will try and obtain this answer for you. I'll also see if I can obtain latest annual report.

Book value is easy to see on the financials. The cost of the ships, less depreciation. less debt (used on the share buyback). All free cash income is paid out as dividends. Of course I still don't have the financials.

The only current financials I have are cmrc (eaisly available on the web site). NAT of course doens't have a web site but somewhere I remember an e mail address so maybe I can have someone fax the data.

I don't think the DOW is ready to fall of the cliff yet. Just due to all the liquidity being pumped into the system. If the FED was not trying to inflate us out of this mess I'd be scared s*** less from the dow chart.

You have to figure @ some point the markets give it up though. The question is is it now or later. I'd still say later but caution is waranted.

Tim