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wallstarb

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wallstarb

Re: surf1944 post# 39

Wednesday, 07/07/2010 11:37:39 AM

Wednesday, July 07, 2010 11:37:39 AM

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AFFX has net cash of only about $40m as of 3/31/10

$300m cash + st inv
$43m long term inv (longer dated securities - treat as near cash)

$60m st liabilities
$250m debt

so lets say $350m liquid assets and about $310m liaiblities/debt

net "cash" about $40m +/- or a bit less then $.60 a share.
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