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Strategies & Market Trends : Value Investing

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To: David who wrote (8584)10/10/1999 5:11:00 PM
From: James Clarke  Read Replies (1) of 78476
 
So Penobscot did turn out to be a double in about 18 months. I think it had brushed 11 or 12 once in between as well. I wound up buying at six and selling at about 8 twice, so I can't complain. That's generally all I try to do with these net-nets.

I run a customized screen on a professional system called Factset. It works very very well to provide a starting point for research. (Then as I've said before I run a labor intensive process to take 100 names down to one or two with the strongest investment merit.) I don't know of another way to screen precisely for net-nets. You'd figure somebody would start posting a screen on the internet one of these days.

JJC
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