Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (52729)	9/29/2002 10:47:10 AM
From: Stock Farmer	Respond to of 54805

Based on my understanding, it's not possible. The float is the number of outstanding shares. Mike, you might want to update your understanding or edit your post before the window runs out. From: help.yahoo.com "Float This is the number of freely traded shares in the hands of the public. Float is calculated as Shares Outstanding minus Shares Owned by Insiders, 5% Owners, and Rule 144 Shares. " Since Insiders, 5% Owners and Affiliates (see rule 144) can also be Institutions, we can have Institutions own more than 100% of the float. John

To: Mike Buckley who wrote (52729)	10/2/2002 9:19:35 AM
From: russwinter	Read Replies (2) \| Respond to of 54805

ARMHY: Value investor alert! Any thoughts on what's happening here? Just catching up with the big cyclical downturn (hence a buying opportunity), or losing competitive advantage (sell or avoid)? biz.yahoo.com Notes: 2nd qt US rev 68m, about 63 GP. Expense structures looks reasonable with 19 SG&A, 20.5 R&D. Op. Income was US$25m. Even with the expected drop to 52m rev this quarter, they should be solidly profitable, not a bleeder. Balance sheet looks healthy with US196m net working capital. They were running 63m receivables at 2nd qt (83 days), and that looks a little suspect, some "dead man walking" customer write offs? 336m ADR shares out @ 2.00= 672 MC- 196 nwc (adjust down some for rec?)= 476 EV. EV of 4.8X first half 2002 operating income (more normalized?). Leverage looks excellent in a cyclical recovery, and if there's long term growth (competitive position intact?)to boot, big bonus. RTW June 02 report: rtwreport.com