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Non-Tech : Imperial Sugar (IPSU) -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (65)1/4/2003 9:13:14 AM
From: Patentlawmeister  Read Replies (2) | Respond to of 121
 
By the way, Warren Buffet often pays a significant premium over book value when he buys companies. In Imperial Sugar's case, book value may be $13-15 as you calculate, but the value of the business may be worth a helluva lot more to a potential suitor. It's just a little wishful thinking on my part that some entity will be willing to pay in the neighborhood of $200MM ($20/share) for this co. Look at what Yahoo just paid for money-losing Inktomi.


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