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Technology Stocks : Andrea Electronics (AND) -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv who wrote (1326)10/30/1998 7:14:00 PM
From: J. A. Pina, Jr.  Read Replies (1) | Respond to of 1356
 
Compared to last year there are two lines that really strikes me... after having a year of losing money compared to the year ago in which they making money, the company has improved
a) its cash and cash equivalent position from $2 mil to $ 8 mill
b) its stockholders' equity from $ 14 mil to $ 37 mil

the book value now is (app) $3 p/s while last year was (app) $ 1.50, yet the stock was trading higher then...????

See ya.. JP "II"