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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (1771)	8/28/1997 12:22:00 PM
From: James Clarke	of 78774

If it means that much to you, Paul, yeah Clarke just bought Hyde. Its a net net with nothing terribly wrong with it. But don't hold your breath on a limit order. The market maker is really playing games with this one. I had a limit in most of the day yesterday and didn't get filled even though trades went off under my limit price. Finally I just paid the ask. This one might require some patience and a gutcheck here and there, but I don't see how you lose money when you pay $4 1/4 for something with net current assets of over $6 and another (at least) 50 cents in owned real estate. Plus a brand name and R&D that has got to be worth something if it allows them to sell shoes for over $100. Jim

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