PlanetOut Inc. - An Illustration of Today's Market -12/25/08 at 1:24 AM CSTby Perry Rod

PlanetOut Inc. (LGBT) is a great example of the devastation of today's stock market. At the end of September, LGBT had 8.2 million in CASH and very little debt.  They had approximately 4 million in accrued liabilities. Gay.com is their main website and it is safe to say that the domain name itself is worth 3 million.  So lets put that all toge...