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

To: Paul Senior who wrote (26793)	5/9/2007 4:03:53 PM
From: Madharry	Read Replies (2) \| Respond to of 78519

I listened to the conference call on MECA, I decided to take a chance and buy a few more shares to my intial stake purchased yesterday. The hope here its that they will monetize some of their assets and pay off most of their debt, try to stop the bleeding, make their operations more efficient and develop a nice internet gambling franchise over the long haul. Im in for a little more than 1.2% of my portfolio. I feel that long term the downside is limited at these levels, but the upside isnt. I got rid of the balance of my cmq shares at a small loss.