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stockmann

02/14/05 8:54 PM

#4441 RE: lentinman #4429

I completely understand and agree with the point of your post. Specifically, I would however argue that USEG actually does meet a value criteria based on its trading at a significant discount to it's asset value. In fact, assuming the appeal holds up on the lawsuit they have long been engaged in, the company will have about 40% of its market cap comprised of cash.

I understand you're saying it doesn't meet it in the true sense of the word in regard to PE, cash flow, ect. but when you can buy a company comprised of appreciating assets selling way below their FMV, doesn't that essentially make it a value stock to some degree?

I appreciate you protecting the integrity of the board. I understand that's exactly what your doing and applaud the effort. I just own some USEG and thought it was an appropriate idea for this forum. I respect you and your opinions regardless if you disagree.

SM

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poboy38

02/14/05 9:28 PM

#4444 RE: lentinman #4429

I know that my post was on the wrong board. You'll see that I apologized right afterwards for the misplaced post.