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To: John Carpenter who wrote (38025)2/23/1999 12:05:00 PM
From: Bilberry  Read Replies (2) | Respond to of 95453
 
Here's a joke of a price, MIND (Mitcham Industries) selling at 3 1/8!
It has a book value of $8.15, cash flow of $1.74, cash is $1.61, Quick and Current ratio over 7 to 1. How low will they go?

PDE is another joke. These valuations are reaching levels I have never seen before in 20 years.




To: John Carpenter who wrote (38025)2/23/1999 8:50:00 PM
From: Razorbak  Respond to of 95453
 
<<If Greenspan is as accurate in forecasting a decline in the
rate of decline in crude prices as he was in calling the Dow
"irrationally exuberant" at 6000, this could well be a good
near term shorting opportunity.>>

ROFLMAO. Jeez, you give a guy responsibility over a punchbowl and the next thing you know, he's putting on sunglasses and playing DJ! <vbg>

Razor


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