Ann: Response to Press Speculation, page-61

I agree, actually totally agree...

It is often stock trade below their NTA...

Let look at LLC and FBU … will they trade below their NTA, time will tell... What I am trying to say is, there are a lot of fish in the market. I sold APM on market on opening and got 1.40 and I am extremely happy. End of the year, it will add up. I will buy back at certain price but if i don't get it I wont chase...

As with SGR i will wait, as the wise man always say: "It can only falls so much until the takeover premium kick in" - that where I would get a bit excited

This APM takeover saga could take a short period of time or it could take a long time...