Nov. 6-12
The Nov. 10 Stock Strategies column,
The Ultimate Value Play: Stocks Worth Less Than Their Cash, mistakenly said that the cash on
PacifiCare's
(PHSY:Nasdaq) balance sheet exceeds the company's market capitalization. In fact, when $998 million in medical claims and benefits payable are counted as short-term debt, PacifiCare's net cash doesn't exceed the market cap. (
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TheStreet Recommends
corrected Nov. 10
)
