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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks

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To: stock leader who wrote (843)8/19/2003 6:34:39 PM
From: MCsweet  Read Replies (1) of 1931
 
IJX

If management seriously considers anything other than liquidation than I would vote for the MFC directors 100%.

In the most recent proxy, it looks like management was considering either a cash infusion or a liquidation. Cash infusion would be serious mistake. If there is a chance they would do this, I'll have to vote for the MFC directors and take my chances.

The stock is also up quite a bit from when I recommended it. One could take profits here, although I think they would be less than in a liquidation.

MC
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