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Strategies & Market Trends : Value Investing

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To: MCsweet who wrote (45505)	11/16/2011 1:00:44 PM
From: Jurgis Bekepuris	Read Replies (1) of 78462

I have not followed WILC and I hate to generalize, but Israeli management decisions leave a lot to be desired. MAIL-changed-to-PERI had a lot of cash and FCF and decided to cancel a divvie and do an acquisition that may or may not work out. The stock is down ~40% since the acquisition. MNDO had the "great" investment of their cash hoard into CDOs - later refunded (?) after lawsuit with Merrill (?). Some MNDO investors made out fine, some not so... It seems that the common theme is building a successful cash-cow niche company and then having zero clue where to put the resulting cash... They need Buffett or something. ;) Disclosure: I still hold a position in PERI. I had a position in MNDO which I sold at a wash/loss.

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