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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (14486)	7/18/2002 11:57:59 AM
From: Grommit	Read Replies (3) of 78561

ACAS -- they raised their dividend impressively. Maybe unbelievably is a better word. If it wasn't cash in the hand it would be questionable -- we'd be wondering if it was vodoo-accounting. I just bought some more ACAS and ALD. As far as the "inflated valuation of assets" issues raised with these companies -- that would be a fool's game if management played it. Because when they annouce profits, they are required to pay them out. ALD is expected to announce dividends in a week or so. A lot more insider buying on the ALD side than ACAS side. biz.yahoo.com

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