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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (14340)	9/29/2001 11:26:22 PM
From: Dale Baker	Respond to of 19633

RBAK's current liabilities (stuff that has to be paid) are greater than its current assets. Cash is fine if you can use it for something other than paying debts. RBAK's book value is vapor. All things considered I would rather be in a company with $3 cash and almost no liabilities at all, in difficult times like these.

To: Tom Hua who wrote (14340)	9/30/2001 12:32:06 AM
From: RockyBalboa	Respond to of 19633

Sure some for my old jacket, Tom, it depends when sellers are weeded out, can be $1.5 or $0.70 perhaps it pulls of a small MCLD you never know. It's too easy to deny a possible (looming) BK filing...may it be true, or not.