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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (8044)8/25/1999 7:29:00 AM
From: David  Read Replies (3) of 78817
 
James:

EBSC: This is true. Dull translates to consistency and this company certainly has a long history, although their new approach and perhaps new competition has caused problems.

I see the stock price held up somewhat even with the earnings disappointment. That development was actually exciting as I was hoping a better buying opportunity might arise after the announcement.

I am seriously looking at LKI. Yesterday's price is as low as I've seen in awhile since I began tracking it after you mentioned it some time ago. Based on 4/99 10-Q it looks like net case assets are $9.49 per share and stock currently trading at $7.875. Dollars for eight cents. Seems pretty safe. I wonder what might stimulate a rise in that stock?

Yours & etc.,

Stern
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