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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: James Clarke who wrote (17112)5/23/2003 7:08:29 AM
From: David  Respond to of 78958
 
James:

Great to hear from you. Its been a while. What do you think the ultimate price EBSC might go for? I picked up more shares recently too after the company announced discussions of possible sale. I have been looking at the cash flow trying to figure out what sales price that could justify. I am not sure exactly what criteria would be used in justifying a buyout but the company presently seems to throw off a lot of cash. The company also holds a large amount of accounts receivable that could be sold.



To: James Clarke who wrote (17112)5/23/2003 9:04:40 AM
From: Wallace Rivers  Read Replies (2) | Respond to of 78958
 
As one other poster asked, at what price will this dog go?
Latest release shows book north of $18. If you back out LT debt with current portion included, that yields above $7.
Go figure.
I have no current or past position in EBSC.



To: James Clarke who wrote (17112)5/23/2003 11:07:04 AM
From: jeffbas  Respond to of 78958
 
Jim, you can make it 100% just by taking EBSC off the list. I recall we decided after we had bought it that it was NOT a net-net when you took the lease liabilities into account?