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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (1985)9/25/1997 7:01:00 AM
From: Jeff Maresh   of 78745
 
Hi Paul - Re: OLS - It looks good at these levels but I've bought enough on the dips. I agree with you on stock price movements. Doesn't make a lot of sense. Management is pretty honest so I don't think anything scary will come jumping out of the closet. Zack's currently has them ranked "2" (Buy) which is the first time they've carried this rating for I think over a year. This means that they are expecting earnings to improve, probably because margins are improving.

I talk to my CFP friend in DC on occasion and he has really been loading up on the stock. He makes good money on his picks and likes to hold a minimum of 5 years and prefers 10.

The shareholder law suits are always funny. I can't remember the last time I bought a bombed out stock that DIDN'T have a shareholder suit filed against it. Seems like there is a species of lawyer which is related to the ambulance chasers. Anytime a stock of a bigger company drops more than 10% you can bet there will be a law suit.

Regards
Jeff
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