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Strategies & Market Trends : Value Investing
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To: jeffbas who wrote (4305)6/18/1998 10:26:00 PM
From: Scott Mc  Read Replies (3) of 78715
 
Re Albertsons(ABS), I commented on it because its 1 of over 300 on the list of Amer Finest Co's, found the book as mentioned thought provoking and may implement the strategy in some of the accounts I manage.

I took a closer look at ABS over the last 5 yrs and not including div's has gone from about $30 to $79, pretty good in my book. The 100 month graph looks like a triangle laying on its side. As far as not being cheap, its not, however tough to buy quality cheap...
Anyway it seems like a good strategy for a small account $10-50K where you want to put 5-10 stocks in it and forget about it, maybe a kids Univ fund or something like that.. Scott

PS: Being a Canadian I had never heard of Albertsons before the post I commented on, just on the list...
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