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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (3187)	1/4/1998 8:40:00 PM
From: Druss	Read Replies (1) \| Respond to of 4339

Ray--A profile from Yahoo often gives me a quick and dirty look at the cash and debt. Sometimes with some other information that is enough to tell me whether I care to go further. Other times if they seem adequately supplied with cash and low on debt I go in deeper. There are accounting tricks that can mislead one on the actual cash a company has (I think there are accounting tricks to do everything). Your comment about pennies on the dollar is very astute, it can really turn out that way. One of my favorite examples right now is a small area of Japan around Tokyo was valued before the land values crash as being worth more than all of California or even all of Canada. A company that bought a chunk of this property may still carry that overinflated price on their books as book value. I think that in many companies cases only a few company officers and accountants may know actual company book value. In others perhaps no one really knows, if pressed the answer they would give would be based on what kind of price if any they got for certain assets. This is the best overall research site I know of: dailystocks.com While they don't have everything they do have a lot. The opening page is more market oriented while if you input a specific company the page that comes up will provide a large number of good sites for information you might want. All the Best Druss