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Strategies & Market Trends : Value Investing

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To: xdimitri who wrote (14553)6/4/2002 10:18:34 AM
From: Paul Senior  Read Replies (2) of 78670
 
re. GAI: Xdimitri, I believe some of us might still have that one from 1999 when it was discussed here as a net-net or undervalued play. If I remember correctly, it seems like the stock was about 4+ and then they announced a special cash dividend of $1 (or more?) which popped the stock to 6 range. I recall taking some profits then, but I held on to some shares also, which I've still got.

I've been following GAI news announcements, but I didn't realize the cash level is up to where it is now.

That makes the stock more attractive to me. I may add more to my small position.

Thanks for your GAI update.

Paul Senior
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