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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (21793)7/28/2005 6:47:48 AM
From: Dave   of 78680
 
RE: BUD

Mr. Buffett spends the majority of his time focused on the after-tax Cash Flow. As we can now see, the "halo effect" of Mr. Buffett purchasing an equity stake in BUD has worn off.

Q: As such, when will it be the "right" time to buy BUD?

A: When BUD can start growing its volumes profitably.

When that time happens, there will be plenty of time to buy BUD and earn a good ROI.

With no catalyst in sight and BUD chasing growth by spending more marketing dollars, BUD will continue to decline.

Dave
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