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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (15480)9/18/2002 11:22:38 AM
From: Don Earl  Read Replies (2) of 78666
 
<<<Anyone own/considering F>>>

After a quick look at the Yahoo profile (not the same thing as DD), my first impression is with out the dividend, it looks a lot like a pink sheet stock. Debt to equity at 16 to 1 and losing money by the truck load. Whatever business decision is associated with floating bonds to pay out $700 million in dividends doesn't strike me as being very bright. I think at a certain point an investor has to ask the question, "Would I run a company that way if I were doing it with my own money?". Somewhere along the line I've become disgusted with the concept of buying stock in order to support rich life styles for middle aged party animals, whose business decisions look like they come from the wrong end of a rolled up $100 bill.
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