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

To: MCsweet who wrote (33561)	2/21/2009 7:45:55 AM
From: anializer	Read Replies (3) \| Respond to of 78464

MNDO has a tangible book value of 11 million. On 20 mil shares outstanding, that's about 55 cents a share. It also has losses which will continue to eat into that value. I'm skeptical of headline earnings reports that start with "Cash Flow from operating activities are good, etc. They then proceed to obscure their profitability in the Press Releases by talking about non GAAP earnings. I don't see much value here but I could always be wrong about the stock price action as these small yo yo stocks can pop any given day merely based on the supply/demand equation of a couple of traders.