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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bob Rudd who wrote (4621)8/6/1998 2:51:00 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 78667
 
Re AG:
Looked at it briefly this AM... the balance sheet, at first glance, didn't seem like a disaster. True, 1 billion in debt, but not a disastrous debt/equity ratio. Book I have at north of $15, don't know the quality of the book. Shares out declined to 60.5 million Q end down about 1.5 mil. from prior year's Q (result of share buyback?). Again, with a minimal look, seems cheap.