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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (18864)12/2/2004 1:10:04 AM
From: Paul Senior  Read Replies (2) of 78523
 
Grommit, Speculatius, others: How about an opinion on YELL going forward? It's done VERY well (imo), and is a thread pick for 2004. Sorry I never bought.

As I look at the truckers - even the ltl carriers which have lower p/sales, p/book than the truckload sector - YELL has the lowest forward p/e that I see - about 10. That p/e was mentioned here by one of you guys too, I believe.

Although YELL is at/near its all time high,

finance.yahoo.com

I just wonder if it's possible that steady growth can still occur within this cyclical business, and whether YELL might be one of these special companies (and so still be a buy at current price).

I do not like stepping in now that these stocks are near highs though!

finance.yahoo.com

Paul Senior
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