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Strategies & Market Trends : Value Investing

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To: Michael Burry who started this subject	6/29/2002 3:53:16 PM
From: MCsweet	of 78730

BPP, VNWI, ALPH, and other "micro-crap" stocks Regarding BPP, does anyone know whether the $1.91/share in liquidation value still holds from the last quarterly earning statement? (I guess it would actually be $1.61, given the recent $0.30 distribution.) When do we find out? Thanks whoever for recommending this --- let's hope it works out. VNWI is starting to show good news (shutting down foreign operations to decrease cash burn) and is selling for less than 1/2 cash. I'm in. I continue to stick with ALPH, also selling for less than 1/2 cash. PRTS and ISTN are still in the process of getting bought out. I wish SOFN would get of their duffs and either get bought out or liquidate the company. They already sold their core business. MC

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