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Strategies & Market Trends : Value Investing
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To: David who wrote (15316)8/25/2002 2:49:46 PM
From: Seeker of Truth  Read Replies (3) of 79045
 
I think I'm a typical investor, not too smart, not exceptionally dumb. I ask myself will DXT be around 10 years from now? My answer is, I haven't the faintest idea. The most important thing I know now is that they are losing money, i.e. increasing their debt. So will I be comfortable holding a stock when I'm not sure it will exist 10 years hence? No. So I'd never buy it. That's the reaction of the typical investor. I think the cheapness is illusory.
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