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: Alex MG who wrote (88774)7/1/2002 3:27:00 AM
From: thecalculator  Read Replies (1) | Respond to of 99280
 
How do you arrive at a "Bottom Line Value per Share"?

It's defined here:
Message 17672602

there's many little stocks trading at what appears discounts to book and cash value

However, the 'Bottom Line Value per Share' (BLVS), is based strictly on 'Cash and Short Term Investments' less 'Total Liabilities', thus being significantly more conservative than a 'Book Value' comparison, and more conservative than the 'Current Ratio' (which includes 'Receivables').

right off the top of my head, TXCC

The BLVS of TXCC is $0.91, and thus it trades at 75% of its BLVS. Close, but no cigar on the challenge presented here:
Message 17672671

Nice try though. TXCC, like CORV, was clipped at the end of the trading day on Friday, as it too was kicked out of the Russell index. You might want to play a potential bounce, but consider that TXCC has a significant debt-to-equity ratio, unlike CORV.