News Focus
News Focus
icon url

continuity

05/28/09 1:03 AM

#2003 RE: moczowy #2002

where did you come up with the good, I mean great news?
icon url

Enterprising Investor

05/28/09 8:00 PM

#2026 RE: moczowy #2002

If the Investment in Subs is mostly cash as "moczowy" details and the amount needed to satisfy both the liabilities subject to compromise ($341,600,449) and there is enough to satisfy the other settlements, then we all need to raise our individual price targets to closer to book value.

Mine was already much higher than 50 cent (intentional).

It is hard to come up with a share price that reflects the book value of equity plus the present value of the NOLs when you have no idea how many shares will be outstanding. Book value per share is close.