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

To: Paul Senior who wrote (15890)	12/3/2002 12:26:16 PM
From: sjemmeri	Respond to of 78755

Probably the short answer is that I've made profits not losses trading GMSTE. However, I do think there is a lot of value and cash-generating potential to the assets they own. Obviously, they have unresolved problems and have been seriously mismanaged but new management is in place now. Fortunately, none of the problems they face is too much debt. Also, the remaining stock could be bought out in what would be a take-under to many holders but not to those purchasing now. All that said, if I get a good trade out of it, I'm gone.