IAHL Corporation (IAHL)

[eelfland]

Any green number is good, as far as I'm concerned. Chartwise, it's easy to make a case for our being at a bottom here, having flattened out in the low .002's. The last time we were here, back around Nov. 15, we had a hell of a rally. Any good news and we can do it again. If we can sell even one of our four properties, for example, our market cap could easily double, or better, if we get a good price. At this PPS level, there's not much risk in owning the stock (unless it gets diluted to death) because of the underlying value of the real estate we own. It may get very boring, though, waiting for something to happen. But who knows--maybe we'll get news on the audit, or we'll get some good numbers from the TA--a lot of good things could happen any day.

I would be happy if we sold the restaurants and the Royal Arkansas (and maybe the motel in Memphis--I don't know if it's making money) and developed the golf course. There's a lot of development going on out there, and money getting made doing it. I'd like to get some of that.

In short, a lot of good things can happen, and at these prices, I don't see where there's an awful lot of risk, so the stock looks like a pretty good hold for now.

Just my opinion.