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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (30656)	4/14/2008 3:36:43 PM
From: Madharry	Read Replies (2) of 78661

i am out of azecf again. decided to raise a little cash. was going to reenter cfc but having second thoughts now. got a call back from a guy from MCGC. The guy was trying to reassure me that they would not have issued the guidance that they did about the dividend unless they were confident they could meet it. He seemed genuinely dismayed at the current share price. He could not explain the timing of the downgrade by the Jeffries analyst. I can only conclude that its likely that the broadview ipo isnt going to happen anytime soon and that is reflected in the share price. if it doesnt happen it should make for a very pleasant surprise.

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