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Strategies & Market Trends : Value Investing

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To: Bob Rudd who wrote (11593)12/15/2000 1:59:18 PM
From: rjm2  Read Replies (1) of 78492
 
Its my belief that the multiples being asigned to many of these stocks are unreasonable. Saw a PSUN analyst report looking for it to trade at 25x 2002 EPS.
Thats a 4% earnings yield.

ANF is even harder to steer. I maintain a small position in GADZ but sold most of it.

VALUE can be found in other stocks...like GIII & NICH & COHT & ONSS & SPAN & RAGS where the P/Es are reasonable & rational.
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