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Re: DewDiligence post# 18201

Sunday, 02/15/2009 9:40:39 PM

Sunday, February 15, 2009 9:40:39 PM

Post# of 19309
Let me try and clarify what I was trying to say...

Long-term, and assuming that GTCB can avoid the LFB takeover next summer, I believe GTCB will become a valuable investment worth probably in excess of $2 per share. Short-term however, the financial problems of GTCB are real and the LFB takeover is a real possibility. However, even in that "worse case scenario" of an LFB takeover, I think the takeover price would be of the order of $0.7 per share rather than the $0.31 per share that we all fear. In conclusion, I consider GTCB a very good buy at below $0.5...

Of course the above is all IMO and worse scenarios could be envisioned such as LFB letting GTCB sink on its own weight and taking it over for much less than I suggest. However, given the recent FDA approval and validation of the technology, I doubt that will be the case...

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