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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (17030)	10/9/2001 8:37:59 AM
From: rgammon	Respond to of 18931

due to the market valuing the Goodwill at zero basically. (ie Book value $4 per share which includes $2 Goodwill, stock price 70 cents per share) My observation is that the market appears to be valuing GX as a near term candidate for bankruptcy. ALOT can happen in a year, we may not in fact get there (poor odds on this outcome). The question steve in socal has to ask himself is whether he wants to continue this AIM, hoping that the bankruptcy does not happen (i.e. the company does MUCH better in sales than expected, or a white knight comes along to rescue it). Robert