On Apr 27, 2009, at 12:03 PM, Bill Lear wrote:
Ok, but when someone is going to make a loan to a company, wouldn't they be complete idiots to just look at the stock price? Wouldn't they take a serious look at the "fundamentals" like EBITDA and others, perhaps with stock price just being a secondary concern?
They should. But as we've seen, lenders are perfectly capable of acting like complete idiots.
Doug _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
