appendix 4c - quarterly, page-5

YEA I DO AGREE WITH YOU 100% IT HAS BEEN TOSSED OUT WINDOW,

But I feel some big boys who hold this stock, are not to

worried, Royal Prince Alfred Hospital has had this done 1995,

its been very long coming

Contrarianism takes courage, but the classic Buffett phrase does not go "be greedy when others are greedy and fearful when others are fearful." That's a surefire formula for terrible investing. Sometimes you have to be willing to take the plunge when everyone else is standing on the sidelines
where justifiable pessimism ended up pushing a stock down too far--to the point that those with the courage to be contrarians could stand to reap massive rewards