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Strategies & Market Trends : Value Investing

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To: peter michaelson who wrote (7841)	7/24/1999 11:08:00 PM
From: jeffbas	Read Replies (1) of 78844

Question, Peter. Do you prefer cheap as "largest potential reward relative to potential loss" or "largest potential reward relative to current price" -- for example, a stock with a 100% upside and a 10% downside (like NH was at 8 3/4) or some tech stock that had a 10 X upside but has already tripled (leaving 3 X to go, but relatively more downside risk)?

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