bounce, page-3

I spoke to them too.. My belief is that cash will be used to pay down debt

Buybacks (off and on market) have been received with a lukewarm response- reassuring that instos see value in this stock beyond $1.50

Cash on hand is $1.70+ per share

I expect FY10 EPS to be around 35c which gives a PE of 3.8 for my buy in price in the mid-130s

MMG is a relatively low risk value investing play.. happy to hold- my preferred exposure to an ecomonic recovery