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jm430

08/11/06 11:36 AM

#39910 RE: saigai #39896

No, there's a difference between PLNI and SLJB. I think PLNI stated they were going to do a buyback, then diluted. I don't believe they said that they were never going to dilute, like SLJB has. Plus, look at the Nevada site. The AS is still at 800 million. Even if there is dilution, that's the max our OS can go to. At 800 million, we're still undervalued, IMO.

I don't know when this drop will end, but in the long run (months? years?), I think SLJB will be more than fine for the longs.