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To: TTOSBT who wrote (1507)10/28/1998 1:56:00 PM
From: Cube  Respond to of 5102
 
T,

That is truly the most inane post I have ever seen, but you win Mr. T. I will stop posting responses except in the cases where you absolutely mis-state undeniable facts. Not that my actions will deter you, I just finally understand you better and know now where you are coming from. Best of luck with your long position.

Cube



To: TTOSBT who wrote (1507)10/28/1998 8:05:00 PM
From: David Miller  Respond to of 5102
 
Oh and I suppose they never been wrong?

With respect, it is not a tough number to work out. Take the balance sheet assets, subtract the liabilities (which you would have to do in a wind-up situation anyway - pay the creditors, pay back loans etc.) and you are left with shareholder funds. Divide this number by the number of shares outstanding, and there you go.

Last time I looked, shareholder funds neatly covered the longterm assets, such as buildings...

david


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