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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (10642)5/30/2000 12:23:00 AM
From: Paul Senior  Read Replies (1) of 78957
 
re: ANF. Imo, another reasonable tactic, instead of averaging down in ANF as it drops, is to diversify within the retailing sector. Two stocks I am looking at now are K-Mart (KM) and K-Swiss. While KM certainly has its troubles, a lot of it may already be reflected in its share price. KSWS, perhaps facing lower earnings this year than last year, has been buying back its shares, has no long term debt, and sells at a 'reasonable' (imo) p/bk and p/sales. Yahoo shows $5.68 cash behind every share (shares trading now about $13.) Also, I notice some insider buying in KSWS.

fwiw
(I have no positions in these stocks as of today)
Paul
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