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No. of Recommendations: 4
It is getting harder.

I think there is still value in:

BBSI - business is still very weak and there was a recent new accounting reserve. But if the economy especially in California does recover and empoloyment starts to head back up (which it will at some point in my view), thie company should do much better.

IKNX - very obscure, small and thinly traded. But it is cheap if once the industrial economy recovers.

KIM - commercial real estate risk. I held this for many years, exited but have been making some small buys again under 10.

NSYS - not a great business (contract manufacturing) but p/s is amazing low. Has a god father in Myron Kunin who won't let them go broke.

Also MCD and XOM are still reasonable if you want some larger cap names.

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