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Strategies & Market Trends : Value Investing

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To: Proton who wrote (1420)	6/27/1997 6:41:00 PM
From: James Clarke	of 78748

WHX a dog? Not if you bought at 5 3/4! I love this one. If you sell now at 30% of (very tangible) book value you should have your copies of any Ben Graham text repossessed. Anybody who hasn't looked at this one, look at it. It is proof that Ben Graham lives even in today's market. Its trading at about 8 now. It is the ugliest thing you've ever seen, but it has roughly $25 of book value and a large chunk of that is cash and relatively new plant and equipment.

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