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Strategies & Market Trends : Value Investing
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To: Demetre Deliyanakis who wrote (16536)4/11/2003 4:14:17 PM
From: Paul Senior  Read Replies (1) of 78658
 
Fwiw, I sold my exploratory GE position today and put funds into another conglomerate, SPX (symbol SPW). Not likely I'll really understand SPX Corp's businesses... they're mostly industrial and spread over many sectors; and they must see plenty of killer, world-wide competition. Not good.

OTOH, p/sales is low compared to past several years, p/e is under 10, and stock price has now come down. I'll start exploratory entry position.

biz.yahoo.com
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