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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (39055)9/1/2010 4:44:14 PM
From: JSB  Read Replies (1) of 78728
 
Paul, are the Yahoo numbers on GAI to be
believed? No debt and 12 bucks in cash?

I may have to join you there, especially
since they just reported a nice profit. Another
mystery. From their last Balance sheet it's
all about the quality of their receivables since
they're about equal to payables. Otherwise,
cash is less than payables and maybe why they
trade at a discount to cash?
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