Re: another dumb question here?XOM



you are using a lot of aeros adjectives there!

The Visitor wrote:
Well that is what Bob goes on about, and he is right. Many craporations have been gutted out and the shares are very overvalued. It seems common actually. It makes long term holding a bit scarey. If share values were not constantly gutted, it would be a lot more fair to the investor. He could hold long term and the share value would go up. Now look at the farce it is.

John

sangrel@xxxxxxxxxxxxxx wrote:

I guess I am a slow learner or something but I have begun to take
investments very seriously ap per losing six months of gains and going
back to square one on growing assets

Grumbine had a load of material on tangible assets and afte studying
his site line by line on this matter I went to looking very closely at
BS for several oil companies and on XOM's March sheet it
shows a (261,000). All numbers are in thousands and I read this to be
the assets are worth two hundred and sixty one million to the negative
for stockholder equity. This is without removing the goodwill and
other items Bob mentioned or the huge award announced this week
of 300 mil.

So what is a share of XOM REALLY worth? Serious offers only!



.



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