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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (14417)6/10/2002 8:49:26 PM
From: Paul Senior  Read Replies (2) of 78595
 
Wallace Rivers, re: SGH, SGU. SGH's dropped a bit today, as you likely know. May indeed be a buy opp. now. I find that sometimes these structures, where it takes a bit of work to find and understand what an investor is getting (subordinated issue, K-1), discourage me. So I assume others too have a tendency to avoid such things, and therein possibly create a discrepancy between price and true value.

I'm likely to still pass on SGH. Fwiw,here are a few stocks in Lehman's natural gas sector that appealed (strong buys)to them in one of their reports (dated 3/'02):

finance.yahoo.com

(I've no opinion yet on these stocks.)

Paul S.
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