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

To: Razorbak who wrote (365)	6/3/1999 11:28:00 PM
From: pz	Read Replies (1) \| Respond to of 477

Razorback, Thanks for your time. I'd say "GO HOGS!", but my UT and Aggie relatives would shoot me...ggg. Thanks again, Paul

To: Razorbak who wrote (365)	6/4/1999 12:42:00 AM
From: Carl R.	Respond to of 477

Your model is indeed interesting. I used it on a company with some very scary numbers, and got some interesting numbers. The company was CCSI, which has very little money, no working capital, no sales, not many assets, not much debt either, a substantial amount of retained losses, and a book value of about $.25 a share. Interestingly they are saved by having a large market cap. It's interesting that strength in any area can make bankruptcy unlikely. In this case the opportunity to raise additional money through a secondary offering makes bankruptcy unlikely. Thanks for sharing the model, Carl