I bought it for the same reasons, as well as what I consider to be excellent management. It certainly has required a lot of patience, especially without a dividend. The slow growing economy has certainly hurt them, but I believe that they have been making a number of consolidation and re-positioning moves which, together with mature, late-stage economic growth, will significantly increase their earnings power this year. Expect/hope to see $30 by year-end. Just a little more patience needed.