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Friday, August 17, 2007 2:55:09 PM
The valuation of ANY stock right now is subject to the impact both direct and indirect of close to 140 BILLION dollars disappearing in the space of a week. And that is just valuation on stocks. That doesn't include the collapse of the hedge funds and mutual funds that were and are tied to the credit crisis.
Mike, it remains to be seen by many both inside and potential new investors in the Dragon if this is finally the turnaround we have been after since last summer.
We have the wheels in motion to get Lanza out. It won't happen in a day. But things are going forward. We had many false starts.
I can tell you that I am very optimistic about the future and I look forward to a depressed price for at least the next few weeks to accumulate more. But that's just me. Just letting you know that you have company.
In fact, I have never felt better about the prospects of BDGR than I do right now.
However, our work here has just begun and the fruits of our labor are not going to show up instantaneously.
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