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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (12706)	6/28/2001 8:44:56 AM
From: Grommit	Read Replies (1) of 78752

I don't think it's too late for PLT at all. Maybe it's a mental thing with me too, since I timed a good buy and sell of PLT a couple of times over the years. I follow the company closely, and previously thought that computers with voice recognition would provide the killer-application to take the company off the charts. But maybe car telephones is the killer-ap. NY is the first state to outlaw hand helds, but California can't be far behind. I will be buying more PLT. No debt, market leader, huge ROE, reasonable P/E, and now a good story that will spread and be featured in investment articles, no doubt. I would suggest avoiding looking at the stock's high and low price for the year if that causes you to kick yourself for not doing this or that. The stock exists at the present price. If the stock price was at $21-23 for the past year, and then the NY law was passed, would you buy the stock? The fact that the price also went to $56 and $16 in the recent past is water under the bridge. Excuse the preaching. Grommit

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