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Strategies & Market Trends : Value Investing

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To: Sam Citron who wrote (20168)12/6/2004 5:48:30 PM
From: Paul Senior   of 78520
 
re. TM: Yes, since I'm trying to find a car company I can invest in (as opposed to speculate with), and assuming a car company could even be an investable business (Mr. Buffett says no), and further assuming that TM might be that company, then Yen/Dollar ratio may be very important if I'm planning on holding TM stock for a while. OTOH, maybe over enough time, it won't be so significant as TM adopts to it (i.e. lots of local content in their geographically diverse manufacturing operations).

I'd like to be able to hold on long enough to see how TM company and stock do over an extended period as TM continues to gain market share and eventually surpasses GM, which I guess is a decent possibility.

Adding a little more TM today as stock continues to drop.
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