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Re: None

Friday, 11/09/2007 10:16:13 AM

Friday, November 09, 2007 10:16:13 AM

Post# of 246538
SWVC can tolerate much more dilution if necessary. Though I don't expect that. And, of course nobody likes it. I firmly believe that Tom finds the dilution a major thorn in his side, but a necessary evil. And I think he knows the frustration to shareholders. I believe that once it's announced that Cornhole is through, TS will make some kind of symbolic gesture to signal to investors that he's loyal and trustworthy. He will do something like a buyback, an official assurance to investors of future share structure, or similar move. He's done it before. I think right now he's just concentrating on laying the groundwork for the future, and that's very demanding work. By the way, some have noted the possible cooling affect of the economy on retail. True. But the retail that tends to be affected the most is middle class retail. Dollar stores do better and the rich get richer and keep shopping at the more pricey stores. If I'm not mistaken, Hacketts is in a category substantially above middle class. Bottom line here as far as I'm concerned is that this company is absolutely bonafide and underpriced. How much money you make on your stock is simply a factor of how patient you are. All IMO