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Non-Tech : HFDC HomeFed Corp. (OTC:BB) -- Ignore unavailable to you. Want to Upgrade?

To: Micawber who wrote (15)	6/5/2003 7:03:59 AM
From: kitterykid	1 Recommendation Read Replies (1) \| Respond to of 17

Yes, the stock has been very strong in the past 6 months as people have begun to look at the fundamentals. First the Leucadia transaction last fall, then the 10k coming out in late March showed excellent sales and profits, then the 10Q showing more of the same in mid-May and finally the news of the reverse/forward split in the newly issued preliminary proxy. The strong fundamentals and seemingly deep discount from intrinsic value have been long visible (at least to me). The problem was that nobody cared and hence the stock languished from the time it was distributed to Leucadia shareholders in October, 1999 until last fall, 2002. One has to be patient for great, long term value investments. Congrats to those who had the patience.