sp down today, page-4

Whenever there is uncertainty, people tend to shy away. OZL annunced that the CEO and Chairman were moving on, but they did not announce who the replacements were. So, is it better the devil you know than the one you do not?

There are lots of CEO's and Chairman out there who I would not like to be running the company. (There are lots there that I would like as well)

Using some rough numbers, my forecast is for EBIT of $300M next year. Using a p/e ration of 10, that make the sp about $1.

HT1