Ann: Change in substantial holding, page-63

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    Just out of interest Eric, but you were very bullish on the stock when it was a lot higher than what it is now. Infact your bullish comments was one of the main reasons I got into the stock. You know the stock has been shorted down to current levels and I am sure you think its overdone. why would you not buy into it now when its basically cash backing? Your reasons for buying 6 months ago seemed compelling and these reasons were not based purely on cash backing.

    People have been talking about Cash backing alone as a valuation for the company. Do you still see value in the business model. If so what value would you value the database and goodwill, 1 Page has spent on the business/software. appreciating is very speculative until we start seeing some profit's.
 
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