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To: akidron who wrote (919)10/7/1998 3:20:00 PM
From: Q.  Read Replies (1) | Respond to of 3661
 
2 3/4 ... this is really close to cash per share of 2.73.

When the market prices a stock at cash or below, it presumably means the market expects some really ugly negative cash flow coming up.

At this point, I feel like I might as well start using the share certificates to line the bird cage. I fully appreciate that capital investment by manufacturers around the world is drying up, and especially with semiconductor equipment. But can the upcoming dry spell really be this bad?