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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Sharck who wrote (35708)9/18/2001 1:24:58 PM
From: Jim Spitz  Read Replies (1) | Respond to of 37746
 
Sharck,

Fair enough. I see they have a book value of over $17 and over $5 in cash. But I don't see that they have ever made a profit and I can't see, given current economic conditions, that they will anytime soon. Since their book value is in the teens, and they have cash like that, I will have to monitor my position and the market to pick the best cover point.

Stay in the Black! jimS