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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (20498)1/22/2005 9:36:41 PM
From: jeffbas   of 78764
 
Spek, I know ISIL pretty well as it bought my XICO shares. I would not be too apologetic about it being a value stock. The company has $735M of cash and safe investments ($5 per share) and a healthy amount of free cash flow. If you take out the cash you are getting a high margin business at a pretty good valuation. Of course, the company is dead in the water now and the stock is acting poorly - so your multiple buy strategy on declining prices is appropriate.
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