Hooper Holmes, Inc. (HH)

Due to the fact that earnings are, at the moment, negative, most formulas have a bit of trouble processing HH. However, let's pretend for a moment that the analysts' dreams of 2009 earnings of $.04 per share come true, not exactly likely given that the company has a history of missing even negative earnings forecasts, and that revenues have been steadily declining in recent years. At any rate, if the analysts' predictions turn up correct, we could be faced with the option of buying the stock for 40x earnings. At 15% expected annual growth as well. If Ben Graham's calculator was of any value, this means that the stock will still cost about half as much again as it should.

However, less fantastic scenarios end up with even more audacious plummets. Profits are negative, as are returns and free cash flow. Assets are falling, though liabilities are holding steady. Institutions have shed 11% of their shares in the company, to the tune of about 3 million. All in all, things look pretty bad.

On the most basic financial levels, however, the company has yet to be seriously affected. Current and quick ratios are both comfortably above 1, and the debt/equity ratio is miniscule. Despite lagging sales, the Altman Z-score remains just above 3. However, it won't be long before even these solid financial basics start to crack under the pressure. The market cap of this stock is currently 108 million. Best get in thumbs down, lest the system here lock you out.