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Strategies & Market Trends : Value Investing

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To: Michael Burry who started this subject5/21/2003 4:25:22 PM
From: Paul Senior  Read Replies (2) of 78704
 
Starting a small position in LDL.

biz.yahoo.com

Looks to me they are continuing in efforts to improve their business performance. (And always failing--- ROE has been lousy in the last five years.)

The company's profitable, the stock's near multiyear lows and it sells at a comparatively low p/bk (compared to previous years), and there's not too much debt (d/e = .2).

If management could deliver on what the one analyst (who has a strong buy on the stock, according to Yahoo) says they might do, this $8.60 stock will once again trade higher (imo and I hope).

Paul Senior
Revision-to-mean stock. Every year since '94 this stock at some point has traded above $12/sh.
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