Great logistics business. Longer term cell phones are also camera's, gps, mobile pc running different applications. Someone has to install appropriate software, distribute, activate, etc. With over 1 b phones being distributed over next 12 months, there will be plenty of areas to make money for a smart management team.

owned since takeover by shick. Too big of a stock, with good growth prospects, that should be owned by more mainstream asset managers. over next 9 months, as there is more visability in financials, this stock should trade higher.

we are probably idiots, but it seems too cheap due to all the various opportunities it has to grow. Recently started buying back their shares. Sensors in cars, medical devices, laptops.... as well as mobile phones. Lost market share, but as I say, too cheap.

again in cell phone distribution business. Got in real cheap. Still is too cheap given it is profitable, its paid down debt, and its cash flows are higher than earnings. Even by earnings it still looks cheap

digital distribution of adult entertainment. Margins are phenominal, mgmt has consistantly beat the competition (mostly playboy). They are starting to understand the issues of shareholder value. Steel is in there owning 16%, and trying to get them to do take care of shareholders. Hopefully they will be successfull