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Strategies & Market Trends : Value Investing

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To: jeffbas who wrote (8682)10/21/1999 11:54:00 AM
From: David  Read Replies (1) of 78652
 
VUL is a very tempting situation. Also, the Yahoo board has some excellent posts for anyone who is interested.

PNC Bank and Ameritech seem excellent companies to own, but it seems that it would be impossible to find a good buying opportunity at a conservative value investing (buffetology) criteria to ever purchase these stocks individually in the open market.

I quickly looked at the standard ratios and the p/e's and p/b's are higher than I typically like. On a quick glance, I doubt I would be purchasing any of these companies in the open market because they always seem too pricey.

Does anyone have an opinion on whether the VUL discount is sufficient enough to provide a solid margin of safety in this basket of securities? i.e. how do the fundementals look at the VUL price?
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