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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (8626)10/12/1999 10:04:00 PM
From: jeffbas   of 78701
 
I just read the Raytheon news, looked at the balance sheet and crossed it off. What troubles me here and with Xerox, both large companies, is that they suggest what could happen to much of the market if disappointments became the order of the day, as in a recession.

The only question in my mind is whether the broader market, or our value favorites, can attract some of this money leaving overvalued large cap stocks. I am skeptical as my experience is that smaller companies require at least a neutral large cap environment in order to perform.
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