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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (20894)3/16/2005 11:25:15 AM
From: Paul Senior  Read Replies (1) of 78615
 
I'll pass on DRL because I don't see how ROA - a measure I use to evaluate banks - can be so very high- over 2.5% the last few years. That is an exceptionally good number and needs to be understood (imo). There are some Yahoo news items which I interpret as suggesting DRL could be excessively or incorrectly using carry trade (derivatives). Not that I can relate these items to one another, but it's enough to make me pause further in looking at the stock as a potential buy.

OTOH, one can't go by my opinion here. I passed on DRL when it was $7 (maybe $2-3 now after splits) and discussed here a couple of times about five years ago. Has turned out to be a 20-30 bag winner (not even including dividends). One of the best overall bank performing stocks I can recall.

finance.yahoo.com
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