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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (9751)	1/26/2000 2:54:00 PM
From: Q.	of 78700

AWX at 5 1/8 is selling for 0.72 X net-net and 1.0 X cash, and it is profitable. It's a holding company that is the rump of what was left when a big division was sold. Operations look like an odd mix of stuff. Paul, I noticed that you posted last month that you bought some. Message 12371835 and your comments then are still true. Would you or anyone else care to say what they think about the company's operations? Is there any catalyst that anybody can see?

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