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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (25514)12/15/2006 12:46:28 PM
From: MCsweet   of 78667
 
NAHC,

If you bot when I recommended, I think you should be up. I think I recommended in the 9-10s. I have sold some off as it has gone up (not enough, given the news).

I might buy some more going into the end of the year or after the next earnings report.

A low PE and below book value => very attractive to me. However, they are in a niche market and have not had consistent results. => Might wait for another earnings to come out. I haven't decided.

I think the current sellers were just looking for a buyout and were not real serious owners. I could be wrong, however. Maybe Commerce Group saw something about the company they really didn't like.

MC
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