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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (19392)	11/23/2004 11:54:03 AM
From: Paul Senior	Read Replies (1) of 78530

Madharry, fwiw, I'll add a few shares now to my very small position in Brazilian oil company, PZE. I am going on the assumption that sometimes regional oil companies can be temporarily undervalued relative to their larger transnational competitors. Though I offer no facts to support that this assumption is so, or that it applies now to PZE. (PZE itself, though small, does operate transnationally.) Just that PZE stock doesn't seem to have made the good up moves that we've seen with so many other oil stocks recently. As regards the region: I still own PBRA; I may start up a little of the common (PBR). finance.yahoo.com

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