Its strange when institutions are trading. They do it in many ways. Sometimes when they want to force down the price they put a large block of shares in the ask section to force those who want to sell to put a lower sell price. Whenever we see Salmon brothers we know it is Institution trading. Sometimes it is one plan deciding they no longer want Lbe shares but another plan wants it and these institution guys see more then we do and they trade with specific prices in mind. Sometimes I wonder if they limit the minimum size of the trade so that only one person can trigger the block. We see flow through shares trading and they have already claimed the income tax benefit so any price suits them. Sooner or later, though, they will have done their accumulations and then I think everyone will be ready to recover some of the share price.

Liberty is progressing in spite of the share price. It is terribly frustrating having our portfolios affected but things are going to get better. We just have to hang in there.