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

To: Jurgis Bekepuris who wrote (30763)	8/14/2008 6:53:53 PM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78717

I reentered KONG and HRAY today. KONG reported after hours 0.01 earnings. The net-current-asset value is about 135M, book is at 181M, stock closed at about 143M. IMHO, the stock can go back to book value at least. HRAY is IMHO a more dingy play, but also currently below NCAV and book. Probably will report break even on cash terms or so. Both are trading positions, since I don't see either company greatly flourishing. I may be wrong though, since sometimes these tiny tech companies hit unforeseen mother lodes.