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Strategies & Market Trends : Value Investing
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To: men mailman who wrote (1625)8/9/1997 12:40:00 PM
From: Paul Senior   of 78802
 
Sir: Thanks for mentioning this stock. I'll just clarify some of your report for people on this thread who rank accuracy over enthusiasm.

1. Stock is NOT at an all-time low. You could buy as much as you wanted in '93 at 15. At 15 also in '95.

2. There IS another stock in the industry - Knight Ridder - trading as cheaply (pe=11+) as NWS.

3. The book value of the stock IS NOT $8.5. It's higher - higher than $17.5. (according to Yahoo, and Wall St. Journal)

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