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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (1418)6/25/1997 10:44:00 PM
From: Proton   of 78730
 
Re: WHX

Would appreciate feedback on WHX. This one has been a harsh mistress to value investors since the strike began last year. However, the balance sheet reads like a case study from Graham & Dodd. Toss in some divestiture (small specialty nail division) and a takeover bid (Dynamics), then factor in the rumors of an impending resolution to the strike. . .

What I don't understand is why the WHX thread is one of the quietest on S.I.

So, does a stock trading at under 30% of book value pique any interest?

Pý (long and willing to be talked out of it <g>)
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