Sorry for not completing the computation in prior
Following is the
CTB book value per share increased 4.87 from 6.58.
1.55 of dividends results in gross
increase of 6.42 or 97.6%.
GT book value per share
increased 8.73 from 15.29. Adding back
5.07 of dividends
results in gross increase of 13.80 or 90.3%.
The test I use to cut through all the so called
adjustments is the book value per share test
(use Value Line)
for this information. The premise
is simple: the full earnings
are measured by the
increase in book value per share (adjusted
dividents paid. For the 5 years ended 12/31/98 CBT
a 97.6% increase beats the 90.3% increase for
Following is computation:
Book value per
12/31/98 11.45 24.02
12/31/93 6.58 15.29
Where you learned that...in Findlay? on Lima
Avenue? Your a lost cause. I could say the same thing
regarding your statments concerning Bloomberg but why waste
my time. Your nothing but a company mouth piece.
Save the excuses please. I'm not interested in
your version of why Goodyear is out performing CTB.
The reality is they are... ....end of story.
Look at today's close 20....thats right I said 20.
Lets stick to the issue at hand huh Chief....you been
stating that the stock is going to take off for months.
To your defense you never said which direction, I'm
assuming you meant north. When is this event going to take