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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (17808)	10/3/2003 11:39:58 AM
From: - with a K	Read Replies (1) of 78475

Re: stock contest picks. The hilarious inside joke was from the family of two teenagers I had taught some basics to last year. The father owns a very successful A&W Restaurant; the 17 yr.-old daughter chose McDonalds. The father chose Alberstons; the 15 yr.-old son chose Safeway! Also, big news from WM on sale of Ahmanson ranch - the protesters won! Should help with PR and allow the management to get rid of this hairball and focus on running the business. LOS ANGELES (Dow Jones)--Washington Mutual Inc. said its verbal understanding with the State of California to sell 2,800 acres in Ventura County for a reported $150 million is a "sound business decision." In a press release Wednesday, the Seattle-based bank said the plan to conserve the property provides "a complete resolution of this matter and a financially satisfactory outcome." Washington Mutual currently expects to post a fourth-quarter gain on the sale, a spokesman said.

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