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Strategies & Market Trends : Value Investing

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To: anializer who wrote (33593)3/3/2010 4:18:27 PM
From: MCsweet  Read Replies (2) of 78472
 
MNDO update,

Out of laziness, I still luckily own some MNDO shares.

In the 0.60's, that was about as close to a no-brainer as I have seen in some time. It was trading near cash with the prospect of a huge ARPs settlement that had a high likelihood of probability in my view.

I just sold some more at 1.59, having been paid a 0.80 dividend in the meantime. I guess people like the fact that they may keep paying a dividend.

MC
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