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Strategies & Market Trends : Value Investing

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To: Shane M who wrote (8015)8/15/1999 11:25:00 AM
From: Freedom Fighter  Read Replies (2) of 78822
 
Shane,

I generally agree with you. I'm not quite sure how to value Mr's Smiths or Flowers Bakeries either. There's a lot of investment going on, but there's a lot of one time charges too. I think at a stock price of 15-16 you are getting them very cheaply though. Keebler also looks like they are really getting their act together so that stake could become much more valuable over time.

If anything I expect the surprises to be on the favorable side. At least if you look out to next year. In this environment that's the best I can do within my range of comfort.

Wayne
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