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

To: James Clarke who wrote (27191)	7/2/2007 12:54:35 AM
From: Paul Senior	Respond to of 78714

Ah jeez. We're all going to have to be sharp now and on our Value game now that you're back. -g- Your presence just upgrades the importance and relevance of the thread a BIG percentage. WELCOME! You have been missed. Aside. History as I interpret it: Value investor and mutual fund manager Jim Clarke was possibly the most respected contributor to the thread when he was here (along with founder Mike Burry). Jim Clarke was able to couple intellectual rigor and an abiding confidence in value investing techniques with a willingness to share knowledge & experience and to challenge others when he believed their stock picks/ideas might be wrong/misguided. Perhaps more importantly than all that though -g-, his stock picks here made people money. Maybe a lot of money. -- I hope all is well with you and your family and career, and that you are able to resume you contribution here. Paul Senior

To: James Clarke who wrote (27191)	7/2/2007 3:56:30 AM
From: a128	Respond to of 78714

Obvious warts ?? Thats the understatement of the century. I would buy anything associated with Russ Whitney at ANY price. In my opinion, he is a con-man. It appears the SEC and a grand jury may share by opinion. Whitney Information Network, Inc. Receives Notice of SEC Investigation Nov. 21, 2006--Whitney Information Network, Inc. … announced today that on the evening of November 14, 2006, it had been notified by the Securities and Exchange Commission that the Commission was conducting a non-public investigation to determine whether the Company has violated any securities laws in connection with (i) the efficacy or trading success of the Company's stock market education programs, and, (ii) the Company's acquisition of certain other companies. The Company intends to provide the Commission with any requested information. Whitney Information Network, Inc. Receives Grand Jury Subpoena Dec 15, 2006 Whitney Information Network, Inc. … announced today that the United States Attorney for the Eastern District of Virginia has notified the Company that it has commenced a grand jury investigation into certain of the Company’s marketing activities. The Company received a subpoena on December 11, 2006 in connection with this investigation requesting documents and information from January 1, 2002 to the present relating to its marketing activities. The Company intends to cooperate fully with this investigation. Separately, the Company also announced today that it intends to withdraw its EduTrades, Inc. registration statement filed with the Securities and Exchange Commission. Whitney Information Network, Inc. Announces Departure of Officers Dec. 19, 2006--Whitney Information Network, Inc. … announced today the termination of employment of Nicholas S. Maturo, President and Chief Operating Officer and Rance Masheck, Vice President, Sales and Marketing of EduTrades, Inc. (a subsidiary of the Company). johntreed.com johntreed.com

To: James Clarke who wrote (27191)	7/2/2007 9:02:30 AM
From: pcyhuang	Read Replies (2) \| Respond to of 78714

Re: RUSS James: You wrote: ... RUSS - a bulletin board stock. free cash flow positive trading at less than cash on the balance sheet... Strange business with obvious warts, but I don't see why its trading below cash. Let's take a closer look at RUSS's balance sheet. it is true that it has about $2.50 net cash per share. But have you noticed that its book value is a -$3.893 per share. Moreover, RUSS is a bullentin-board stock. I really can't see how RUSS can be considered as an attractive value investment, despite some others who think otherwise. Let the passage of time be the judge. Total Cash (mrq): 35.49M Total Cash Per Share (mrq): 3.023 Total Debt (mrq): 6.04M Total Debt/Equity (mrq): N/A Current Ratio (mrq): 0.487 Book Value Per Share (mrq): -3.893 Cash Flow Statement Operating Cash Flow (ttm): 13.48M Levered Free Cash Flow (ttm): -662.75K pcyhuang

To: James Clarke who wrote (27191)	7/2/2007 11:21:21 AM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78714

James!!! :) What the heck are you doing back here? Didn't you make your billions during those 7 years? (To be precise, it was only 3 years since your last post ;)). Or are you coming back to do public service now that you're rich and famous? ;) Just kidding. :))) Welcome back, really nice to hear from you again. :)

To: James Clarke who wrote (27191)	7/2/2007 12:05:20 PM
From: Grommit	Respond to of 78714

welcome back. you were always looking to buy a dollar stock for 20 cents. i remember all the net-nets and the searching we all did to find a bargain. value investing at its most pure. if you can start posting again, what happened to the career that sidetracked your involvement? i hope you got involved with the energy trusts when they were presented to us in january. finance.yahoo.com of course, I am off margin and in the chips since i posted this. Message 23344344 to all: reits are down this year, so I have been buying a few back here and there. grommit

To: James Clarke who wrote (27191)	7/2/2007 12:55:12 PM
From: doug5y	Respond to of 78714

Wow, great to hear you back, even if it's only for 1 post James! Hope all is well on the "other" side. Cheers, Doug5y

To: James Clarke who wrote (27191)	7/2/2007 1:03:06 PM
From: doug5y	Respond to of 78714

Re Value type stocks and asbestos : what are your thoughts re USG? I'm long USG, as is Mr. Buffett. Nothing like kicking off your return with a bang!

To: James Clarke who wrote (27191)	7/2/2007 5:17:57 PM
From: Madharry	Read Replies (1) \| Respond to of 78714

remember you? st joe and that ***** abercrombie that i was too stupid to see the value of. Welcome back.