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Strategies & Market Trends : Value Investing

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To: wolfdog2 who wrote (17594)	8/17/2003 9:08:40 PM
From: Paul Senior	Read Replies (1) of 78534

wolfdog2, regarding SR. I consider it a weak hold at current price. Competition in document management is strong (e.g Xerox, imo). SR's annual revenue shows declines for several years. It's my guess that SR's best days are behind it until evidence shows otherwise. I suspect the stock's where it is because of the generous dividend yield. I'm not willing to bet the dividend's secure. I sold most of my position last year. If I see $20 this year (stock's at $17.85) on no news, I'll likely close the position. Paul Senior JMO, and I've been wrong many, many times

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