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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (12175)	3/17/2001 10:20:48 AM
From: Freedom Fighter	Read Replies (1) \| Respond to of 78608

SFN I own a position in SFN, but I am becoming very uneasy about it. It seems to me that if SFN can get the price for MP that has been talked about, the company can pay down most/all of its debt and still have some cash left over. That would put it in a OK position to weather the economic storm and any downturn in business. So it makes no sense to me at all that Millner keeps selling his stake at these prices when we are less than 2 weeks away from the MP IPO. I also agree that it was less than comforting to see Bill Ruane unloading his position too. Ouch! The whole thing would make more sense if the IPO wasn't so close or wasn't going to happen and MP's business was also starting to weaken. Then I could at least understand some investors being spooked by the slowdown, poor 4th quarter, debt load etc... I am still searching for answers, but unfortunately I have none. I am unsure what to do from here. Wayne