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Strategies & Market Trends : Value Investing
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To: geoffrey Wren who wrote (38203)6/7/2010 6:44:36 PM
From: MCsweet  Read Replies (1) of 78671
 
geoffrey,

What is the nature of the VNDA's long-term liability charge? If it is a valid liability, then I don't think the cash provides enough justification to buy.

If it is some kind of tax liability or write-off that could be reversed, then it may be worth considering.

Thanks,
MC
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