Wednesday, August 15, 2007

Disclaimer


WARNING: You are about to see the obligatory legalese that covers my butt.

DISCLAIMER
Israel Value
content and equity research are only the opinions of Avi Ifergan.

Investing entails some degree of risk. Investors should inform themselves of the risks involved before engaging in any investment.

While Israel Value strives to perform and provide rigorous investigative corporate research, my views cannot be tailored to take into account every investor’s needs. Israel Value does not take into account any investor’s particular investment objectives, financial situation and personal needs. Investors should assess for themselves whether the advice is appropriate to their individual investment objectives, financial situation and particular needs before making any investment decision on the basis of such general advice. Investors should make their own assessment of the advice or seek the assistance of a professional adviser.

The content and research that Israel Value provides should not to be construed as solicitations to buy, sell or hold any of the securities discussed. The information should not be used as the sole basis for making any investment decision. Readers are urged to make a complete and independent review of the companies mentioned, which should include, but is not limited to, each company’s quarterly and annual reports, all SEC filings, and press releases.

Certain corporations or securities that Israel Value refers to may not be registered with, or subject to the reporting requirements of, the U.S. Securities and Exchange Commission or any comparable regulatory authority. Information available on such corporations or securities may be limited. Investors should obtain advice from their and own tax, financial, legal and other advisers and only make investment decisions on the basis of the investors’ objectives, experience and resources. Before commencing an investment program we recommend you seek independent professional legal, tax and investment advice as to whether it is suitable for your particular needs and circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests and could lead to losses of capital.

Israel Value does not guarantee your individual investment results and past performance is no guarantee of future performance. The opinions and discussions included herein are based upon sources that we believe to be reliable, however no representation or warranty expressed or implied is made as to their accuracy, completeness or correctness. Again (for the third time!), Israel Value urges readers to consult with their own independent financial advisors prior to making any investment decisions.

Israel Value endeavors to ensure accuracy and reliability of the information provided but does not accept any liability whatsoever, whether in tort or contract or otherwise, for any loss or damage arising from the use of Israel Value content and research.

The owners and editors of Israel Value, their friends and families members may, in some instances, own or take positions in securities discussed. Such positions may or may not increase or decrease at any time before, during, or after distribution of any information without notice.

The opinions provided by Israel Value are subject to change without notice. Estimates of future performance are based on assumptions that may not be realized, and the price of any security mentioned may go down.

In short, these are just my humble opinions, and not matter how qualified or well-argued they may seem, investing is a risky affair, and there is always the possibility that you may lose some or most (yes- even all) of your initial investment. Always – and I mean ALWAYS – DO YOUR OWN HOMEWORK – Don’t just take my word for it. PLEASE.