Noting that RIM's shares were trading below the value of the company's assets, he said that any positive consumer reaction to BlackBerry 10 might raise their price.
"You can find terrific bargains that sell below the value of the cash on the balance sheet".
Mr. LaLoggia identifies stocks selling below the value of their assets and not dependent on a rising stock market.
So if house prices fall below the value of the mortgage, a householder can walk away from his debt.
Because of the rise in property taxes, the value of the house is well below the value of the mortgage, so he is stuck with it.
[Page C1.] The dollar, meanwhile, fell below the value of the euro for the first time in two and a half years.
On average over the last two months, the E.T.F., which trades under the ticker symbol MUB, was only 0.6 percent below the value of its net asset value.
But the combined 100 billion euro figure is still well below the value of assets that banks want to shed in the next 10 years.
Sikorsky's credit union, meanwhile, will not loan or refinance in excess of $500,000, below the value of most homes in affluent Fairfield County.
Both MIP and MAI were at one time trading below the value of their cash assets.All three funds certainly took good care of their parent.
Homeowners who bought at or near the top of the market would see the value of their homes fall below the value of their mortgages, a condition known as "negative equity," and they would try to rebuild their savings.
