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Strategies & Market Trends : Value Investing

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To: David who wrote (22180)	10/3/2005 1:37:35 PM
From: itilis2003	of 78763

Re: SPOR Its hard for me to have any confidence in the board of directors because of their handling of both Tomlinsons looting of the company and the outside directors minimal stock ownership. Its pitiful that they engaged an investment banker so long ago and have not mentioned ANYTHING in that regard despite the positive earnings report. Their 10k is late and a large holder,Hillson has been a seller recently at higher prices. Still owns 8.58% Transactions by Hillson Partners Limited Partnership in the Shares of Sport-Haley, Inc. in the sixty days preceding the date of this Statement. Date Number of Shares Sold Price Per share 9/16/05 58,000 $5.636 9/19/05 23,106 $5.313 9/20/05 6,000 $5.090 9/21/05 4,000 $5.271 ---------- In hindsight, I didnt sell enough during the rally/pump & dump. Since I didnt sell enough and my lack of confidence in the board, I dont feel compelled to buy any...even at $4. I hope they prove me wrong, but I havent seen any evidence that these clowns take their fiduciary duty seriously.

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