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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (5280)	11/14/1998 4:55:00 PM
From: Allen Furlan	of 78702

Paul and thread, you may wish to look at nakd again. biz.yahoo.com I bought in June at 13/16 and sold several months later at 1 5/8 because the audits seemed to drag on. The company has sufficient cash flow to pay off debt at a million a week clip. This latest news came out of the blue to me. Unless the news release is outright fraud I cannot believe that the stock price will remain in the 1.15-1.2 range. I am buying shares now as another speculation that the company will re-establish itself as a viable entity and will file appropriate SEC reports. Investor relations says the business plan is to complete the audits and re apply for listing on some exchange(probably NASDAQ).

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