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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (2719)5/26/1998 9:12:00 AM
From: Ga Bard  Read Replies (1) | Respond to of 9440
 
Well since they are audited even if you deduction the contract receiveable from the bottom line they still have over $2M in before tax profit so that is .30 so it makes it a $3.00 valued stock.

Hey I do not fully understand the accounting but somebody reading this thread might.

hoping for an accountant to clarify

GB



To: Wayne Rumball who wrote (2719)5/26/1998 9:24:00 AM
From: Ga Bard  Respond to of 9440
 
GNNX .. is gapping up so the release must be very good... I think the release is great myself. They have lots of contracts and profit so I think it is great stock.

GB


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