RE:RE:RE:RE:RE:As I was mentioning to a fellow investor todayThe best one was when Josef was talking about what a great deal a company was(forget which one) due to book value. Market call host said that most analyst ignore book value in oil and gas companies and focus on cash flow as book value can be writen down any day. Joseph looked like a deer in the headlights. Within 2 weeks the company wrote down a huge amount and book value was chopped in third.