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Strategies & Market Trends : Value Investing

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To: Proton who wrote (1420)6/26/1997 4:41:00 PM
From: Ron Bower   of 78730
 
P,

And thread.

We meet again. Just found this thread. Been looking for value discussion and will be reading back, but I need opinions!!

Last week I bought a stock selling below BV and EPS last 4 Q @ 3.5. Had been earning .45-.55 per Q, then had a 7 cent loss - one time charges from an acquisition - and price dropped 50%. Last Monday I see that CEO has purchased 40,000 shares in house - the options of a V.P.- giving him 30% of dilution. Co. only has 1.2M dilution and 550k float, so he has almost doubled his position.

How much weight should I put on this info. Is this a buy indicator. Company is expanding. Stock only slightly above my initial buy. I picked up a few more shares. Don't know whether to go for more or not.

Opinions,

Ron Bower
PS Looking at WHX
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