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Re: bbotcs post# 24071

Thursday, 09/29/2005 7:09:42 PM

Thursday, September 29, 2005 7:09:42 PM

Post# of 174020
bbtocs: GV should see a nice boost to Q4 earnings from the New Orleans cleanup, but I agree it's just a single quarter effect. In Q3 they should see some added income from some electrical restoration work in South Florida from the two hurricanes that passed that region.

But the stock is primarily appealing for their Florida real estate construction projects that should increase EPS substantially over the next several quarters.

I owned a substantial position in GV from months ago in the .40's, .50's and higher, but sold it all on the last spike up after the Company announced it would likely not be doing any hurricane cleanup. I'd say fair value is around $1+, and I was looking to buy back shares at $.80, but it never got that low.
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