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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (8861)	11/6/1999 5:46:00 PM
From: Allen Furlan	Read Replies (1) of 78614

Paul look at this one for me ,please. biz.yahoo.com Elamf is Mexican and has absolutely no following. They recently completed a reasonable acquisition. Without debt, well run and improving prospects and ROE of about 6 and p/b of .5 they are undervalued. Should be about p/b no less than .8 which gives the stock a 60 % upside in the next year. How do you see the valuation? I have been patient with this one and recently added to my position. Thanks, Al.

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