With the $50mm in cash, book value is now $10.55. The market appears to be reacting to what Gores discovered during the past thirty days. If it is just the bad quarter as publically announced, that should pass after earnings next week. It would be nice if PBY scheduled their earnings call for today or tomorrow to hopefully dispel rumors that will surely be generated after yesterday's announcement. It also might be a good idea to use some of the cash to buy back some shares at this level.