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Strategies & Market Trends : Value Investing
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To: peter michaelson who wrote (7921)7/31/1999 9:54:00 AM
From: Wallace Rivers   of 78911
 
Value Investors: FTL
This I bring up for consideration, mostly because it is trading at its lowest price since 1995. I do not own it, but feel for this reason (its low price), it is at least worth a look see. It has a huge amount of debt on the books, causing a very high debt/equity ratio, particularly at this low price. Very poor earnings report last Q. So, it is obviously damaged goods, but is still the largest domestic producer of underwear.
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