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Strategies & Market Trends : Value Investing

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To: Craig Bartels who wrote (9218)	12/9/1999 3:47:00 PM
From: JRH	of 78618

Has anyone done more than a light evaluation of PCAR? Does the stock languish because the payout ratio is low? From what I know of accounting, their balance sheet looks strong. Someone please tell me, where are their liabilities? biz.yahoo.com Off topic : salaries I go to Cal Poly San Luis Obispo in California and am studying Management Information Systems. Our program is well regarded. Median Salaries for undergraduate students by year: 1993-1994 $2775 1994-1995 $3155 1995-1996 $3316 1996-1997 $3400 cob.calpoly.edu I think the jump from 1997 to 1998 was significant but the numbers have not been published. Indeed, my friends going to HP, Cisco, and the like are receiving 50-60k per year for a BS with typically 1 or 2 summer internships. Not a bad return considering the cost of going to this school is about 10k / year with living expenses included. Regards, Ryan (JRH's roommate)

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