..one stock for your long term portfolio.$$$

I take it you think the market overreacted to Katrina's impact on MRH? Looks like they're expecting a $450M-675M hit, on a company that has $200M in cash and $200M/yr in revenues. They're going to have to do some heavy-duty borrowing or issue new stock.

There's probably some point where it would get cheap enough to buy, but that would be when the price/book, including the Katrina damage, was around or below 1.

Am I missing something?

[scalf]

yup

gl

just cause hitler liked wagner; don't make it bad music..

lol

gl

[img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/wink.gif[/img] [img]/images/graemlins/club.gif[/img]

[kagame]

youre not outthinking the market

they have alot more cash than that

arent liable for the entire damages amount- associated with berkshire and they OVERSTATE liability

issued stock

revenues will go up now