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Stockchase Opinions

Andrew Guy, CFASomerset Entertainment Income FundSOM.UN.TODON'T BUYApr 09, 2007

Six months ago he had doubts, but it looks like some of the business is stabilizing. Very dependent on sales of their CDs to Wal-Mart and Target.
$3.00

Stock price when the opinion was issued

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Near its all-time lows. Very well managed. A difficult business. A value investment, but not a long time hold. Very inexpensive.
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Has not performed well since its issue. An extremely well managed income trust. Did a very good deal a few months back. Doesn't think there is a big upside on this. Expects the market will continue to look at it as a buggy whip type of business. Worth owning.