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Gold/Mining/Energy : Gendis TSE:GDS.A -- Ignore unavailable to you. Want to Upgrade?

To: BioInv who wrote (71)	11/26/1999 4:50:00 PM
From: Robert Salasidis	Read Replies (1) \| Respond to of 81

1) I presume to some effect had the deal not gone through, with the increase in the current price of oil, they could probably have sold it for the same price anyways (It would have been nice to have the $ during the time that oil was at its lows). Potentially, people were disappointed by the "damages" amounting to only 6 million of interest and legal fees? 2. GDS has never been too visible, and has for years traded well below fair value 3. The book value for retail stocks includes a large amount of inventory that could often only be cleared at a rate below book value. With these points possibly explaining why the stock didn't rise, I would like to add a few as to why it should The company has 5.75$ per share in Foprt Chicago stock. This is a stock that may pay about 1$/share in income in as little as 1 year from now. We still have .50$ of PXD stock. The book value from these investements exceeds the current price of the stock. The stock will rise when FCE starts paying income Saan stores break even or have a profit (lets hope for a good Xmas season) I think that the stock should be trading at least at about 6$/sh and 1 year down the road we could see a few dollars more than that.