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Re: modrica post# 9115

Thursday, 10/18/2018 4:36:41 PM

Thursday, October 18, 2018 4:36:41 PM

Post# of 43522
Book value means little with troubled retailers. BV includes store improvements like paint on walls or carpeting on floors. It includes signage that has no liquidation value. Old merchandise on racks is worth maybe 10 cents on the dollar especially when its a JCP private label brand.

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