SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (88706)6/30/2002 7:46:14 PM
From: augieboo  Read Replies (1) | Respond to of 99280
 
Nope, ZZ's not the culprit. Calculator spouted off with it when I made fun of his call on CORV as a great LT value play.

According to Calculator, CORV is trading @ 50% of its 'Bottom Line Value per Share'. Message 17672671

Here's his post lecturing me on basic economics: Message 17672602

His formula say [(Cash and Short Term Investments) – (Total Liabilities)]/(Total Shares Outstanding) = (Bottom Line Value per Share)

I tried it out on MSFT, and here's what I got:

Cash $5,116,000,000
STI +$33,577,000,000
========================
$38,693,000,000
($14,079,000,000) (less total liabilities)
========================
$24,614,000,000

Divide by shares outstanding, which is 5,420,000,000, and you get $4 and change.

Go figure. CORV is an economic powerhouse and MSFT is headed for oblivion. <ggg>