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Strategies & Market Trends : Value Investing

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To: quasimodo who wrote (17448)8/18/2003 4:35:32 PM
From: Paul Senior  Read Replies (2) of 78958
 
quasimodo, looks like your QUIP's moved up a bit. I've looked at it a couple of times since your post on it here, and to me, it seems reasonably valued, no great bargain. (my focus: price/sales & price/book)

It does seem that if QUIP's business is cyclical and now near lows, if business does get better those good profit margins could return. So I agree with you that the stock might rise up to the $20's again (from current $12.60).

I'll stay out of it because I don't see a catalyst, and I don't have any feel for what QUIP's strengths might be compared to strong Euro. competitors. (If I recall correctly, QUIP once prided themselves on their very strong employee training and cross-training programs.)

jmo
Paul Senior
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