Godot, thanks, appreciate the FDP discussion.
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I looked at GEG before (at higher price I believe) and passed. I read where GE or an analyst who follows GE said that that there were too many power plants coming on stream or being designed. (I'm interested because I still have SGR.) I guess I -- and everyone else -- figured that this presumed excess supply would kill demand for GEG's gas turbine stuff. Which might make GEG's current low stock price a bargain now for patient investors.
I recall that I didn't like GEG's short public history (only two years), and insider selling. I see that the insider selling is continuing. Strongly so, it appears to me.
I'll pass on GEG. (Jmo here, and I've been wrong many, many times.)
The stock doesn't attract me on a fundamental basis (p/bk, p/e), I don't know the business cycle - it could be long, and I'm still holding too many companies where I have to be patient and hope for a turnaround.
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AVCI's been mentioned here before. I tried to sort this thread on "AVCI", but AVCI doesn't show up. I started a small position around 1/'02, and I'm still holding on. I bought a small package of stocks selling under cash with little or no debt, and AVCI was one. |
