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cliffvb

09/22/05 1:08 PM

#23226 RE: hweb2 #23195

Sold my shares of SVL. Too many of their properties are in Texas and are near the path of the hurricane. Whether the flooding is covered or not, I expect they will see cancellations and a big drop off in sales after this event. Profits could easily swing to losses. Bottom line- I think there are better opportunities elsewhere.

http://www.silverleafresorts.com/inside_rest.jsp