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Strategies & Market Trends : Value Investing

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To: Michael Burry who started this subject	12/9/2002 11:57:46 PM
From: Marc Fortier	of 78678

ITP is well worth a look IMO. Book value over $12 and the stock is trading under $5. The debt load is a bit heavy, but it's been improving in the last year, thanks (unfortunately) to a share issue in February. Interesting point: insiders have been buying quietly this fall. Declarations are available on CVMQ's website in French. CVMQ is Quebec's equivalent of the SEC.

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