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

To: anializer who wrote (25379)	11/28/2006 10:04:27 PM
From: Paul Senior	Respond to of 78702

STRD hasn't done too well since they lost a big contract a couple years ago. Company really has never done well. I keep STRD on my watch list: I'd like to buy if I can catch the stock below cash. Cash/sh. keeps diminishing though. I can only imagine that mgmt. would agree to a buyout below cash value, 1) if the fix was in and key managers get jobs or buyout agreements in the offer, or 2) there are some entrenched and costly obligations that would surface if the the company were to be liquidated (perhaps pension, labor, severance packages).

To: anializer who wrote (25379)	11/29/2006 12:57:52 AM
From: Carl Worth	Read Replies (1) \| Respond to of 78702

seems like a total sham to me, berkley is a billionaire, perhaps we know how he got that way <g> i can't see how the company could ever agree to such a deal without facing a massive shareholder revolt and lawsuit if they are going to sell the shares at 8.30, sign me up for a few thousand <g> along the same lines, RTWI has been discussed here in the past and is currently trading below book value, while it is still quite profitable...i think it's an excellent buy under 9 bucks, or even in the low 9's, for a trade back to somewhere in the 10s at least...not a bad little % gain IMHO