While I have sold down my holding, BOL will do wellonce the...

While I have sold down my holding, BOL will do well
once the economy picks up over the next few years. Unfortunately in the short term it will putter along.

IMHO, the current management has done a good job at a difficult time in restoring the financial health of the company from where it was a year ago. Once the basics are back in place, ie low debt ratio, the company will start to improve its SP again. It was right to reject the take over offer as it was opportunistic.