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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (12403)5/4/2001 8:56:43 AM
From: Dale Baker  Read Replies (1) of 78743
 
GARP is a good way to describe AREM. Because their average sale size is small and their customers are diversified across industries and continents, the growth projections seem reliable to me. Certainly management thought so in any number of recent PR's and CC's.

When a stock trades around $15 and a simple PE of 20x this year's earnings gives you a stock price more than 50% higher, it's a value play in my book.
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