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Strategies & Market Trends : Value Investing

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To: David who wrote (18820)	3/5/2004 1:37:11 PM
From: Paul Senior	Read Replies (1) of 78744

David, my interest in ELSE at this point is exclusively based on the fact (according to Yahoo) that the stock is selling below cash-on-hand, and that its total debt is zero. I have no knowledge of, or opinion about, the business prospects of AUGT or PPTV. If you've found that an awareness of these companies is crucial to investing in ELSE, I'd appreciate seeing any conclusions you've come to. While I have only an exploratory position now in ELSE, your opinion might sway me regarding additional ELSE purchases I am considering as the stock continues its fall. Paul Senior

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