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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (23355)2/16/2006 12:52:30 AM
From: Spekulatius  Read Replies (1) of 78519
 
EXPE did have a hiccup too. Earnings for the quarter of 20c (versus 26c estimate) could give me an opportunity to add to my position below 20$ if i so desire <g>.

CD is getting interesting as well. 2B$ of FCF with a 15B$ market cap is nothing to sneeze at, although I suspect that FCF will be lower next year as well. Real estate and RE lending will be a much tougher business for many years to come, so even at todays prices I find CD only mildly interesting. I plan on having a sharp look at the CD offspring after the split. In the meantime, i put some fresh money into TYC today a a little over 25$ spe(k>ulating that the split will reinvigorate management. I am still smarting i sold my few shares of HSP after the spinoff, which i considered and inferior stock to ABT, so in some cases spinoffs and splits do indeed work well.
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