Richard; HLYW don't look bad, and I hope it takes off any thing that
moves up in this sector will help the others. The sector itself
has been out of flavor..thanks to Blockbuster being nothing but
something for Viacom to gut, thats what a lot of holding companies
do they don't try to run the business it's just gut and gill them,
so blockbuster stinks, poor managment, and crummy service,
and that stink gets on every body, but it'l pass.
I picked the MOOV play based on three things,(1) cheapest stock in the
sector per percentage of BOOK value. (2) the Merger with VUPDA,
at .75 gives the stock an intrinsic value based on VUPDAs price
that is considerable higher than she is now selling for.
(3) VUPDA I've owned her once and made money, Potter may be a
jerk but seems to have a plan..and he must not be stupid,
after all getting MOOV actually helps VUPDAs book value
it will go from 4.94 to 6.43 after the shares are issued,
and MOOVs are retired. Some MOOV share holders may not like it,
but they will be voted down as most of the ones who opposed
already sold. I've gotten were I don't give a hoot about earnings
or the other stuff, it's stale by the time you get it.
I mostly now look at a stock as one would a comodity, were is it
compared to were it was and what has really changed.
Public opinion is fickle..they liked video onec and will fall in
love again, it just a cycle. MOOV is the best value, that don't
mean it will do the best..often they don't but more assest value puts more safty built into it than with one that has less.
There is always risk, risk/reward is the name of the game,
in that respect MOOV can't be beat in this sector.
Jim
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