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

To: Grantcw who wrote (25933)	2/7/2007 8:03:24 AM
From: a128	Read Replies (1) \| Respond to of 78530

SPOR... I compute book value to be about $5.50 per share and cash to be about $2 per share after the dutch tender. Total share count is just 2.3 million. As expected the stock exhibited some weakness tuesday. Makes me wonder if one of the large tendering parties was actually proping the stock up in order to get less folks to tender ? Sounds a little paranoid, I know. I remain hopeful that SOMETHING good will happen to increase the shareprice in the next 3 months to 2 years. In the nearterm, I expect the volume to slowly dryup and it will get back to hardly trading and perhaps more volilitity because of the smaller float. This is NOT a good stock to use "market" orders on.