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To: Paul Senior who wrote (3522)	3/14/1998 10:44:00 AM
From: Terry Maynard	Respond to of 78648

Nike layoffs: newsday.com Terry

To: Paul Senior who wrote (3522)	3/17/1998 2:06:00 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78648

Thread: I would appreciate some comment on UCR. The stock was discussed here last year. Seemed like a couple of knowledgeable owners commented on my concern about the "non-existent" book value. (And they were right - I was wrong to be concerned----the stock climbed appreciably.) But that was then. Today the stock is at a new low - dropped 4+ points (that's about $200M cap drop based on 45M outstanding shares) because - according to the news I read - of the "abrupt" (that's my word) retirement of the top two execs. Given that the industry is being investigated for price fixing -- a smaller competitor (they're all smaller --- UCR has 70% of the market apparently) paid a $29M fine, perhaps some of these events are interrelated. In any case, UCR is a viable (dictionary meaning,= growing) business. My question is, given the modest pe multiple, consumable and stable (?) nature of the business, possibility of some large fine ($200M???).... for the long term investor is UCR nevertheless a buy at today's price?? Paul Senior