EBIT will be lower than there stated 10 - 12m, page-39

I agree Re PIE funds mgt, they're skilled operators. Don't forget though and I'm fairly sure of this, that they rode the wave of TTN up to $3 and sold out... Hey so they made a call that went bad. Sh*t happens as they say.

Baraka they get out and they move on I guess (not entirely because they think it's a completely bad business now, more becuase they manage other people's money not their own)

But again and a few people are quick to do this and put the boot in and say yeah yeah I told you so. I thank my lucky stars I didn't jump in earlier as I'm already heavily underwater on another MS stock. Did I like mgt before and did they do a good job? Well yes, but it's a shrinking pool of work they have to compete with oters in...Do I think this is necessarily a bad investment now? No, but hey what do I know.. It's probably worth a punt at these levels.