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Message from discussion Great value company
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Jae Jun  
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 More options Mar 10 2008, 7:36 pm
From: Jae Jun <jjun0...@gmail.com>
Date: Mon, 10 Mar 2008 16:36:48 -0700 (PDT)
Local: Mon, Mar 10 2008 7:36 pm
Subject: Re: Great value company
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Dual share structure is mainly for voting right purposes.

Even if I go along with what you say, you are saying that the company
really is only worth 14/2 = $7.

With $8 per share in cash and equivalent, the company is selling each
share for  $7 when it is worth $8? That means you are getting $1 free.
Still a bargain.

cheers,
http://oldschoolvalue.blogspot.com


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