They reported a very strong quarter (bottom line as margins were really good). If they can keep this up it won't stay at half of book forever <img alt="smile" src="/images/emoticon01.gif" />! Actually in listening to ITI's conference call (now) they talked about acquisitions and I recall ISNS was going to raise money to do this same. This would be a nice addition to either of them. <br /> <br /> I know it would probably take some pressure but IRD management hasn't done the best for shareholders and I wouldn't be upset to see a fund push them to sell out. I think at $1.50 - $2 management would have a hard time turning it down and it wouldn't be exactly expensive for an acquirer at that price as it would be just a bit above book. <br /> <br /> <br /> I haven't figured out IRD's pattern for conference calls yet (maybe twice a year?) no one this quarter but one last quarter.