Strategies & Market Trends : The Dead Cat Bounce Theory


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To: James F. Hopkins who wrote (1761)8/4/1997 2:58:00 PM
From: PJ of 1836
 
James, I looked further into ABTI and it appears you are right...they have a book value of 1.91 and a cash per share value of 1.99 this would bring the actual stock's value to only $3.90...However they have a debt/equity of .83 so this further decreases the stock's value down to $0.66...Hopefully my calculations are not incorrect I obtained all data via lycos's site:

stockfind.newsalert.com 

good luck
pj
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