Unfortunately Sagem, IMHO this company isn't as good as it was 3 weeks ago. Then, we didn't know that our top class MD would be leaving. The uncertainty of who replaces him, (and how it will be very hard to find someone as good) is why the company is valued less highly now. I sold a third of my holding last week, becuase on reflection I didn't like this uncertainty in this sort of market. Very disappointed in the short-sightedness of the institutions, (when do they ever get anything right?), as this company had absolutely everything going for it before their actions.