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isachair = mobrown

02/24/10 12:06 PM

#6835 RE: gandalfq01 #6834

Damn...working both boards huh?

We are at a stand off it seems here. NO volume
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Gileon7

02/24/10 12:19 PM

#6839 RE: gandalfq01 #6834

Interesting numbers in MOR, at least imo

1/5/10 to 1/31/10

Net income 542,000
Total assets: 958,191,000
Total liabilities: 852,196,000

Stockholder's equity: 105,995,000

Total preferred stock issued 0
Total common stock issued and outstanding 175,217,249



Here's the thing; and please I'm not bright so someone correct me if I am wrong.

175 mil shares
105 mil equity
$.60 per share ?????
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hfields

02/24/10 12:23 PM

#6841 RE: gandalfq01 #6834

MOR looked pretty darn good to me. Thoughts here anyone.

It looks like @ .60 pps for equity right now - feel free to correct my numbers here anyone...buying at these levels is a bargain...assets greater than liabilities by @ $100 mil...good cash flows...all in all, i'd say pretty nice 1st mor here...