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bullcents

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bullcents

Re: conix post# 2240

Wednesday, 10/15/2008 7:57:08 PM

Wednesday, October 15, 2008 7:57:08 PM

Post# of 4411
I agree.

The way they have been calculating book val/sh is:

(51,810 - 49,173)/537 = $4.91

Compare with book value shown here: http://finance.yahoo.com/q/ks?s=etfc

If you consider the recent sale of non-core assets, the book val/sh becomes:

(52,510-49,173)/537 = $6.21

I expect earnings to be -0.18 or better. Any thoughts?

Check out the board:
http://investorshub.advfn.com/boards/board.aspx?board_id=12773

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