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Strategies & Market Trends : Bankruptcy Predictor Model -- Ignore unavailable to you. Want to Upgrade?


To: mc who wrote (72)3/16/1999 8:14:00 PM
From: mc  Respond to of 477
 
Hmmm, just ran SESI through and they rated a 1.64, provided I did everything correctly. This is based on the most recent 10Q which is Nov-98. I also based it on today's stock price which is probably incorrect (Edit: just recalc'd based on the higher end of november stock price - still below 2). The new one should be filed soon as they just announced earnings.

This doesn't make me feel too comfortable, however, considering the nasty look of things in the oil patch as present, it isn't too surprising.

This is very interesting stuff. I'm looking forward to applying it to some other companies and seeing how they turn out.

Take care all,
Gary