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Non-Tech : Harris & Harris Group (TINY)
TINY 1.3100.0%Apr 3 4:00 PM EDT

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To: JakeStraw who wrote (119)4/5/2007 10:16:15 AM
From: Tom Caruthers  Read Replies (1) of 142
 
I agree that the share price is much higher than the NAV, making it riskier. But remember, the NAV is based on an estimation of private company value and is often a very conservative number - as the ability to write up an investment is difficult. So unlike mutual funds whose NAV is based on a market-based valuation of companies, these publicly-traded VCs may have more value than it seems.

That being said, I've been in and out of this one too, and watching it for now.

Tom
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