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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (8548)	10/7/1999 12:24:00 AM
From: Marc Fortier	Read Replies (1) of 78497

I haven't studied the balance sheet thoroughly, but the suspension of the quarterly dividend announced today is a first step that will give extra cash flow to diminish the debt load. In the long run, this should help a good deal, provided that management keep his act straight. Anyway, some insiders seem to think this way, since they have bought heavily just before the news came public, after the bell. Just my two cents... MF

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