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Strategies & Market Trends : Value Investing

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To: Mike 2.0 who wrote (7625)6/30/1999 3:07:00 PM
From: Bob Rudd  Read Replies (1) of 78768
 
CQB is a commodity-driven business, obviously, so the question you have to ask yourself is: Do I understand what drives this commodity better than or as well as the person that sells me these shares. Unlike commodities like oil and soybeans, you don't even have technicals to base the trade on. I doubt many commodity driven trades you read about in the news releases work out well.
Beyond that, from a longer term perspective, I suspect Carl Lindner is right up there with Ronald Perleman as a guy you don't want to depend on to create value for you as a shareholder.
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