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Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios

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To: invoman who wrote (78)	9/2/1997 1:49:00 AM
From: studdog	of 297

Re NRVH (also REXL); I agree with your overall assessment of the Motor home field. I've taken a pretty hard look at the whole bunch and have a postion in NRVH and in Rexhall (REXL). Rexhall is selling for book right now. Having a little trouble with a new plant and with a product liability suit. However, those problems should pass and I believe REXL can sell for at least 1.5 to 2X's book pretty quick. Nrvh is a little more pricey but only a little and they don't have these problems. Big spread on both. would appreciate any other thoughts on these companies. Karl

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