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

To: Rollcast... who wrote (1389)	7/27/2007 9:21:25 AM
From: Glenn Petersen	Read Replies (2) \| Respond to of 4080

It was not a good day to have any visibility, though I think that SMMX actually beat the street estimate by $.01. finance.yahoo.com I don't think that there is much downside here. SMMX is sitting on $4.59 in cash per share and will be adding another dollar or so this quarter when the company completes the sale of a minority interest in one of their spun-off entities. The company needs to start booking some new business. It is probably dead money until that happens.