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Strategies & Market Trends : Value Investing

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From: E_K_S	11/30/2005 10:35:22 AM
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Picked up a few more shares of Comcast (CMCSA). I now hold shares in both my taxable and IRA accounts. (http://www.newratings.com/analyst_news/article_695453.html) In 2005 Warren Buffet doubled his holdings of Comcast. From the article:...The Omaha, Nebraska-based firm, managed by billionaire investor Warren Buffet, has raised its stake in Comcast from five million shares in the third quarter to ten million shares in the fourth quarter. The investment company invested $150 million in Comcast during the three-month period. The enhanced stake was valued at $328.4 million as of December 31....". The stock is trading near a two year low. What I like is the huge free flow cash flow they generate. This does not come w/o a cost as the company has invested lots of new money upgrading their infrastructure. (http://finance.yahoo.com/q/ks?s=CMCSA) I expect Comcast to continue to produce huge cash flows and take advantage of their broadband technology. New services include VOD (Video on Demand) which is a new revenue stream that should add dollars to their bottom line. EKS

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