Re:"Please don't take as a flame, it's not. My .02, sell, and if you are looking for a grocery value stock, consider Albertson's on NYSE"
Mike "MOO"
Not bad, a company with 27 consecutive years of increased earnings and 25 consecutive yrs of dividend increases!!
I recently read a book "America's Finest Companies Investment Plan" by Bill Staton, easy read, but very thought provoking, basically buy great companies,like Albertson's, review once a yr or so and dump them if they dont keep increasing earnings and/or dividends..
When you combine that with Buffetology(sp), try and value a company like a bond, it seems to make things pretty simple. (Of course nothing is ever as simple as it seems)
However its easy for me to see how someone could be very successful over 5 yrs if you bought 5-10 companies like Albertson's, put them away and instead of spending time on SI, doing something else like watch TV, ah ah ah well how about get drunk!! Just my 0.02..Scott
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