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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (15756)3/5/2003 2:29:27 PM
From: Paul Senior  Read Replies (2) of 78666
 
I'll up my UAG position as stock hits new lows.

Auto dealerships don't ever get any respect! (Maybe they don't deserve any -g-)

Low p/e stock (assuming earnings are anywhere near what the company is saying they are expecting). High debt though.

Reason for buying: bet on Roger Penske who seems (to me) to be an astute businessman. Can get stock cheaper than what he/other insiders paid:

biz.yahoo.com
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