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To: Ali Chen who wrote (2197)	11/16/1997 2:03:00 AM
From: James Yu	Read Replies (3) \| Respond to of 6843

Ali, Do you mean book value of Intel? From the book, Stock Market Logic, written by Norman G. Fosback, on page 16, "Net worth , or book value, per share is caculated by adding up all of a company's assets (things owned), subtracting all of its liabilities (things owned), and dividing by the number of common shares outstanding." If the price of the stock is far below its book value per share, the stock is considered undervalued and should be purchased.", "If a company has a high asset value but never earns any money nor pays any dividends to its stockholders, it is worth very little to the stockholders." I wish this is the answer. If anyone has any comments, please post. Best wishes James