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

To: Paul Senior who wrote (20537)	1/31/2005 3:57:48 PM
From: bozwood	Read Replies (1) \| Respond to of 78666

How about INFO? I am seeing 55mm in cash and 21mm in total liab. divided by shares out I get about 1.40/share and it's selling for 1.35. I am giving no value to any other assets. Also, it has positive CFO over the trailing 4 qtrs. no position

To: Paul Senior who wrote (20537)	11/25/2005 4:49:25 PM
From: Paul Senior	Respond to of 78666

I did not do well with net-net CLST. Net-net value when I bought at $3.19 was $4.30. 11 months later, it's no longer a net-net due to losses or repositioning/restructuring of the business. biz.yahoo.com The ruling reason for my purchase is no longer valid, so I've taken my losses. Company may yet survive and prosper; I do not know. Another disappointment is INFO, a below-cash play which keeps dropping in a value trap as business and cash seem to evaporate. (I've no position in this one.) I note these examples as supporting my belief that if one is going to play net-nets and below-cash stocks, it might be better and safer to buy a small package of such companies, especially if a person is not able to winnow possibilities through superior knowledge of business prospects or superior dd.