Subject: Re: OT: Valueline cash computation
Is this the correct 'Value Line' computation for highest 15 by cash to market cap ratio
('Cash and Market Securities' - 'Long Term Debt') / 'Market Cap'?

I believe this specific screen is simply
'Cash and Market Securities' / 'Market Cap'

The reasoning:
The medical devices category includes some firms still developing their products.
The ones with large current piles of cash tend not to blow up in the short term--if you merely eliminate a few blowups from any portfolio, things tend to get better.

Jim