HMV

Glad you mentioned WH Smiths, Siwel, as these are trading on a 2007 PE of 14.6 compared to HMV's 11.5, that's a difference of 27% and on top of that HMV pays out 2% more divi (or approx an extra 20% of it's profit in divi). This is one of the comparables that gives me hope that there is, on balance, scope for at least a 10% recovery in the sp in the medium term. I'm sorry for those that have been in since the 180p plus days, which may never return, but I'm in these for a medium term 10-25% gain and then I'll be out, and on this basis my call is that 142p is a more than decent price to pitch in at.