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Author: qaddy Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 441  
Subject: Re: The October NCAV Stocks - tracked Date: 11/21/2005 12:59 AM
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I think that REMC.OB made it onto the screen with some mismatched data. The company is divesting all assets to shareholders and estimated a value of 2.45 to 2.95 per share to be cashed out. They issued a 1.35/share dividend to start that process and the stock is now trading at 1.17/share or so. Based on the company's estimates of the liquidation value of the assets it, the stock is trading at basically the low end of liquadation value. The screen shows that it is waaaay under net working cap, but the last quaterly balance sheet was before the 1.35 div, so that is misleading

qaddy
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