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Strategies & Market Trends : Value Investing

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To: Michael Burry who started this subject	5/16/2003 10:32:42 AM
From: David	Read Replies (7) of 78920

EBSC FINALLY in play! Been waiting a long long time for this news. Anyone have a guess what price take-out might be? Net tangible book value is around $18 per share; Net current assets around $7+ per share.(via quick yahoo check on both figures). Normalized cash flow (this is from memory) is around $30,000,000. I believe the take-out should be somewhere between $7.00 to $18.00 per share. biz.yahoo.com biz.yahoo.com biz.yahoo.com

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