To: Mark Brophy who wrote ( 15544) 10/1/2002 3:10:58 PM From: Paul Senior Read Replies (2) | Respond to of 70590 What about technology value stocks. Yes. I have had AFCO on my watch list. Wanted to buy it a little closer to cash value, and so missed its rise. I don't know enough about its business for me to see it as a buy based on its business prospects. That it might triple based on its technology or potential sales of its products, makes it a story stock to me. With your knowledge or experience or perspective, you might see it differently I don't know about TFS's business either. From where I started buying, I'm underwater. TFS cash on hand is $141M according to the company, which I make to be about $6.50/sh. So this number is higher than Yahoo's $5.73/sh number. Stock's now about $4.50/sh. Trying to guess where we're going from here: TFS is expected to lose money this year and next, while AFCO is expected to earn .58 (Yahoo consensus est.). At a price today of about $10.93, that .58 is a pretty good return considering that there's $7.50/sh in cash (no debt) in the AFCO stock. For me, I'm sticking with my bet that TFS in the coming year can make some business decisions that might either stem losses or enhance shareholder value. A stock buyer now gets the business for free. It apparently isn't much of a business, but over 1500 people are on the payroll doing something. (to improve the business, I hope) TFS is one of a number of tech stocks that I have bought. I certainly haven't given up on tech stocks. However, because I'm not knowledgeable in the specific niches or the specific tech businesses, in this current market environment I want to see some catalyst or some margin of safety before I start a position.