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Microcap & Penny Stocks : ARET (Formerly KLHE) -- Ignore unavailable to you. Want to Upgrade?


To: kabbott who wrote (3394)1/29/1998 12:45:00 PM
From: James Lee Baldwin  Respond to of 4594
 
Yes, you can get info on other companies. When I get home tonight I will post the site address (Reuters). Its free of charge. I don't have it here at work with me.

James



To: kabbott who wrote (3394)1/29/1998 12:47:00 PM
From: James Lee Baldwin  Respond to of 4594
 
Mike, if time permits, would you please post the lineup?

Thank you in advance.

James



To: kabbott who wrote (3394)1/29/1998 1:18:00 PM
From: R. Lang  Read Replies (1) | Respond to of 4594
 
Although ratio analysis can be highly helpful in predicting future earnings of firms, in aret's case this kind of analysis is irrelavent. For example, the quick ratio or acid test which measures the effect inventory has on a company's ability to pay off liabilities tells us next to nothing about aret's current state because we have no inventory. The quick ratio, in our case, becomes the current ratio (current assets/current liabilities) which also tells us next to nothing because we know the proceeds from the settlement were used to pay off debt.

The debt management ratios measure to what degree a firm uses financial leverage which in turn can can determine how risky a firm is. But again, because our balance sheet has most likely changed drastically no meaningful insight can be ascertained from this information. The ratios given here are in fact a financial analysis of a company sinking.

This analysis cannot be used to determine aret's current condition since emerging from chp. 11. When the current financials are released we will be able to get an idea of the financial stability of aret, as well as the kind of interest we will need to pay and ultimately the potential profitability of aret. The old data provided, although interesting, is too old to be meaningful. If you have any questions about how these ratios are derived I'll be happy to help.

Ross

P.S. Does anyone feel like a Yo-Yo this week?