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Strategies & Market Trends : Value Investing

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To: Tomato who wrote (11162)	9/17/2000 4:11:49 PM
From: Tomato	of 78717

KDUS is maybe a pink-sheets stock now, trading around $1.25. It just won an appeal in the Federal District Court of Appeals reversing a jury verdict against it in a patent infringement case. About 13 mil. shares O/S and between $1.50 and $2/sh in cash, most of which was in escrow awaiting the result of the appeal (probably will sit there for a while until the appeal becomes final). They also have royalty income and a large loss carryover. Carl Icahn owns 25%. Think the price range over the past couple years has been about 9 cents to about $20! Someone take a look (takes about 15 minutes of reading the last 20 posts or so on the SI KDUS thread to get a feel) and tell me if this is a no brainer or a wouldn't-touch-with-a-ten-foot-poler. ;-) Subject 19197

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