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Copyright © 2008
Gal^Stad
Investments Inc.

Contra Takeovers

  • 2007
    Solectron

  • 2006
    Hudson's Bay Company, NQL Energy Services

  • 2005
    Leitch Technology, Worldwide Restaurant Concepts

  • 2004
    KLM, Moore Wallace, Sodisco-Howden

  • 2003
    Corel, OfficeMax

  • 2002
    Shoney's

  • 2001
    Dylex, Gulf Canada, Luscar, Molecular Biosystems

  • 2000
    CompUSA, Nabisco, QMS-Minolta

  • 1999
    Armco, Cambridge, Noma, QMS, Royal LePage, UniHost

  • 1998
    FCA, Farah

  • 1997
    Dominion Textile, General Host, Markborough, National Education


In each of the past 15 years, amorous suitors have chased at least one stock in the Contra portfolio. Naturally, this is one of the reasons our returns have been so excellent. We believe it is simply a confirmation of our investing method, which is to buy undervalued, underappreciated assets that other shareholders have decided to part with at fire-sale prices.
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