Francis Chou: OSTK has a market cap of ~$120-$130 million and $30-$40 million in excess cash. The legal expenses will likely fall and the firm's results will be much better without them. A good value.
Source: The Fairfax Financial Dinner summary by Norman Rothery of the Stingy Investor
Source: The Fairfax Financial Dinner summary by Norman Rothery of the Stingy Investor