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

To: Paul Senior who wrote (13028)	9/5/2001 1:06:18 AM
From: Broken_Clock	Read Replies (1) \| Respond to of 78519

They made a good buy on the CALIF. properties. I don't see gasoline going out of style for awhile. The entry into the refinery business is beyond belief, so competition is scarce. Oil is still the lifeblood of the world. Yet HP buys CPQ for 25 billion? Anybody can make a computer box.

To: Paul Senior who wrote (13028)	9/5/2001 1:25:04 PM
From: David	Read Replies (1) \| Respond to of 78519

Paul: Any thoughts on FIT? I remember that you were a purchaser of FIT recently. I've been a holder since December, 1999 and I am approaching a 50% gain and thinking of selling. Business is shrinking. Can't see any long term future in US textile business. But, lots of volume today. Current Assets as of June 2, 2001 totaled $114,763,000 (of that cash and securities available for sale total $81,162,700; $14,421, 000 in Accounts receivable and $16,533,000 in Inventory) Total liabilities as of June 2, 2001: $16,420,000. Net Current Assets as of June 2, 2001: $98,343,000 Market cap as of today's date: $78,371,169 or 79% of net current assets. Average daily trading volume is 5,090 shares. Today there is huge volume: 182,300 shares.