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To: Michael Bidder who wrote (1040)7/9/1998 4:21:00 PM
From: Michael Bidder  Read Replies (1) | Respond to of 1706
 
$114 million vs 7/8's

I still see this companies market capitalization of $114.5 million USD as an extreme distortion. It proves the statement "the stock market is not perfectly efficient."

What is so special about 7/8's as a stock price? Some investors do not look at market capitalization but rather the price. This is a mistake. If you pay to much for a company you are bound to lose in the long run.

Michael Bidder