what you cannot see(now), page-87

Dear Zog

Respectfully I disagree 100% of your text.
I'm holder of large amounts(to me) meaning,... I'm the most interest to dont see any write dows.

That doesnt means I'm blind or I'm prepare to hide from myself the truth.

Of course if you look LONG TERM IGR can be interpretated in many and better and different ways.

But if you look at PRESENT eyes, ofg course was a big bad purchase. If they made an ofer today,offering lets say HALF still would be much higher than probably their shares would value.

Second the company doesnt need to "justify" write downs,the company must look immidiate,medium and long term vantages and disadvantages.,..And we never know clearly in which optical they look.

I personally dont believe will happen a wroite down for just 2 single reasons..

a) because to the CEO will be an embaressement reverse his own statement(in spite CEO's in general are expert to make things looks rosie)

b) I just can't see the advantage side bigger than dis..

SLR is now in the edge to

1) Flight to 1 plus in good report
2)Drawn in a third tier company and for sure became a target of a take over in the low levels.

(I'm bidding the alternative 1)

Good day

Cato