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Strategies & Market Trends : Value Investing

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To: Oliver Hellwig who wrote (1377)6/18/1997 3:06:00 PM
From: James F. Hopkins   of 78751
 
Oliver; your right about her being speculation; I picked her up
speculating on the cash she has on hand, which is enough to buy
back all of her outstanding shares and still have money to burn,
so I speculate someone will tender some sort of offer in the near
future, I could be wrong. She does not fit the value investing
style at all, and I'm not hyping her, my speculation is a very
modest one. <G>
I'v really been more in bonds than stocks , and still am, as I
don't fancy myself as much of a stock picker..I have tried a
few mutual funds..and made a little..but have since pulled back
out of them..as the market looks high , now even though I picked
mutual finds that were clasified by morning as vaule type funds,
when I got their top holdings and looked at them why they sure
looked high priced to me..so I came out..and have a few dollars
just sitting in the Money Market now wondering what to do, bonds
went up and interest down but I may just go back to bonds.
I did pick up some HGGR yesterday, if you have time look at it,
from what I could see it has real good book value. I might exit
it if you see it as risky..as for Aimm..if no one makes a bid on her
before long I will exit..I don't see her as real risky in the short
term, because of her cheap price..and cash on hand..and I don't
intend to speculate on her for long.
I do think HGGR may fit the value modle.
Jim
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