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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (14883)7/25/2002 9:39:55 PM
From: ProDeath  Read Replies (1) of 78669
 
I dumped my AEG in June of 2000 at 39 immediately after the last split and never looked back other than to occasionally marvel at its inexorable downward slide. That was only two years ago. It did manage to languish between 20 and 25 for the last year or so before its recent plunge. Which many years of trading at 20 are you talking about?

If you did pick up some at 10 or 12, there may be some hope of appreciation, but with market conditions so ugly heading into the fall selling season, I would be a little concerned about another drop under 10 which could put it on the sell list of many institutions.
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