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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (24953)10/10/2006 12:08:33 PM
From: Carl Worth  Read Replies (1) of 78750
 
WNMLA put out a couple of earnings reports recently for Q1 and Q2 of 2006, neither of which were especially impressive

the stock is still trading well below the tangible value of the company, but i'm not sure that there will be much of a catalyst to move the price higher anytime soon

i will hold my few shares, but with almost everything else working well at this point, i don't want to add to what is likely to be dead money for the time being

i emailed the CFO recently suggesting that they implement a dividend, rather than doing a stock buyback, and his response was basically "thanks for your interest in winmill," with no comment either way on the suggestion
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