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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (10134)3/7/2000 1:53:00 PM
From: James Clarke  Read Replies (2) of 78626
 
Here we go, Jimbo's buying again. I can't in good conscience see holding onto a lot of cash anymore given how far some quality companies have fallen. ARBA down 11 points from its high, Amazon at 63 is a steal, and wow, just look at Microsoft - the stock hasn't gone up since November! The patient are going to be rewarded in that one, I'll tell ya.

But seriously, Jim hasn't lost his mind, just his money.

I did buy AKS at 8 1/8 yesterday, DE at 31 today. After watching and waiting for Sara Lee and Genuine Parts to stop dropping, the value (especially for SLE) is just getting so extreme that I start buying.
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