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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks

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To: peter michaelson who wrote (431)4/9/2001 10:38:02 AM
From: Allen Furlan  Read Replies (1) of 1931
 
Here is one I put away and forgot about until I received annual report. ELAM A contract manufacturer with primary operating facility in Kentucky. They sold their Mexican operation and net profit was reason for positive earnings last year. They participate in the Maquiladora program by handling "shelter and assembly services". The OEM's do their own production management. Book is 8.82 net of good will and cash is 3.56. At 2 I plan to add modestly to my position.
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