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Strategies & Market Trends : Value Investing

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To: Dale Baker who wrote (13069)9/18/2001 5:14:25 PM
From: Paul Senior  Read Replies (1) of 78748
 
Hi Dale. Having my difficulties in trying to maintain focus. Entertainment and entertainment stocks aren't high on my list. Maybe they should be.

I own TWTR although I've taken some profits with it. I'd say it's a hold - it looks expensive, and there ought to be better bargains out there.

I chose TWTR in December over BBY and CC. That was a mistake. BBY was THE one. BBY just looked so much more expensive though than others based on financials and p/e ratios. However, their stores were crowded and still have good traffic from what I observe. CC looked and looks empty by comparison (imo), and I've never been in a TWTR.

These stocks seem to move in tandem, but the gains were superior for those who bought BBY. Maybe it will again be BBY which outpaces TWTR??

finance.yahoo.com

I also have a position in SHRP. I'd guess anywhere about 9 or better is a buy - imo. Although I've bought at higher prices in past.

I'm looking half-heartedly to re-establish a small position in MGM. Stock can be got for prices less than insiders paid. Drawback is that it's hard to figure the value of the company and its film library. My opinion is that it's a random chance which movies will be successful and propel the share price (if they do.) Eventually though... MGM stock could get some sprinkling of stardust.

Paul S.
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