Although I am long on LBE, and I do still believe in the company's prospects, I would be lying if I didn't tell you that the following question has crossed my mind? Why, if LBE has all these great things going for it, and it is currently SO undervalued (less than book value), is there not any bigger player in the industry making a takeover bid at this time? If LBE is such a bargain -----.

Anyone have any comments?

-- R.