trading at below bookvalue, page-19

Certainly proving the term ' overshooting on the downside' very correct.

Way off fundamental value now. Margin calls, shorting,Dow, Employment figures, market sentiment of merger, Unproven CEO ( although I really don't know what any CEO can do to appease the market in times like this, AM like him or hate him he got in the saddle at a disasterous time )

In hindsight a share buy back would have been wasted in this dirty market.

Like him or not, Cusack has a reputation as a bastard, lets hope he is working furiously behind the scenes, although waht can he do in these markets. Ask Twiggy the same quesion they are being slaughtered.