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Old 01-04-2007, 11:49 AM
schnoodleC schnoodleC is offline
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Join Date: Mar 2006
Posts: 29
Default Re: A Favorite Stock, NICK

Thanks for the write up Cat. BTW, I am also heavily into Kaiser and have gained respect for you by seeing you have a position in it. However, FYI, Tennenbaum and family want to keep the company together (against the wishes of most investors) and try to repeat something along the lines of what they did in CO. I think the dividend is just something done to appese investors since they have been sitting on the money for a long time. Here's to hoping they either give up and liquidate or launch into a successful ventor soon. The good news is that I think that if they are successful in securing another deal like in CO, I think there is immediate value in their ability to gain such deals for the company that is probably around 4-5$ per share.
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