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QUAKER FABRIC CORP Message Board

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  • astral_tsar astral_tsar Dec 30, 2005 9:21 PM Flag

    Quo Vadis QFAB?

    Let's stick with your liquidation value estimate, not the book value. You didn't subtract any liabilities. Why not?

    In addition, leases can't be cancelled for free, so they constitute an off-balance-sheet liability. What's your rationale for neglecting that?

    Anyway, I'll pass at these prices and take another look if the pps hits 1.00.
    Best of luck.