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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (19858)10/14/2004 10:30:10 PM
From: Madharry  Read Replies (1) of 78618
 
It's interesting to me that one of the three bargains the writer mentions is merck saying that its selling at one of its lowest price/cash flow multiples in a decade. this to me is evidence of their cookie cutter approach to analysis- he recognizes that they have issues but that its reflected into the 25%-30% discount to fair value. Scary.
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