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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (16926)4/24/2003 5:04:39 PM
From: Paul Senior  Read Replies (3) of 78498
 
Jurgis Bekepuris. Try the recliner! I tried one of these NTZ chairs at my favorite local furniture store. Smooth. Much better than La-Z-boy, imo.

NTZ stock has a lot to recommend itself to value investors. In addition to good current and historical numbers, you probably saw that several pro's have positions in the stock - Tweedy Browne, Baron Asset, Baron Growth, Oakmark International, Ruane Cunniff. (all per Yahoo). Likely you purchased your shares at or below prices they paid. (Assuming they haven't strongly averaged down recently, and assuming Yahoo data is current (ha!), and assuming these funds are still NTZ holders- which they should be imo if they are value investors. )

Yahoo msg. board seems to have some sharp value investors who own NTZ and who possess a strong analytical bent and are close followers of NTZ. I consider that a positive, although of course, it doesn't mean that I or they or the funds or anybody else will necessarily see profits from owning NTZ over a value investor's time frame.

No matter how good things look there is that fickle finger of fate. So even though NTZ is my favorite stock as of today, like you, it's "a very small position" in a diversified portfolio.
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