The info on FIT's equity investment is from the 10K Note 2:
sec.gov
Approximately $6.9 million of the Company's equity
investment securities at November 28, 1998
consists of a portfolio of Standard and Poor's 100
("S&P 100") common stocks, the fair value of which
varies consistently with changes in the S&P 100
index. To hedge against fluctuations in the market
value of the portfolio, the Company has purchased
short-term S&P 100 index put options and sold
short-term S&P 100 call options. At November 28,
1998, the notional amounts of the put and call
options were $6.8 million and $6.9 million,
respectively.
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All of these stocks are cheap because nobody wants them. If there's indeed value there that changes. But you have to be patient, both when you buy and when you sell. This ain't CSCO.-g-
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OK-Here's five from my kennel for next year, alphabetically.
DII, FIT, IIR, LUFK, ORI |
