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Alias Born 02/24/2002

Re: brainlessone post# 44809

Wednesday, 11/13/2002 10:35:42 AM

Wednesday, November 13, 2002 10:35:42 AM

Post# of 704019
ILA-I don't know if it will continue. I think it will get cut but I don't think they will eliminate it. ILA is currntly selling for 20% of book and just 1% of sales. Expected to earn 70 some cents next year. The board meets on the dividend today. I'm looking to add but waiting to see what they do with the dividend. If the dividend is used to pay down debt that could be a good thing. ILA does about $36 bil in revenues. If ILA can net just 1/2% that's a dollar per share. I'm in as a value play.

Joe


Joe

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