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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (23511)3/7/2006 11:56:47 AM
From: Jurgis Bekepuris  Read Replies (1) of 78958
 
Oh, wow! I stopped following DCN a year or so ago, when it was still an attractive value buy, though clearly troubled. I did not realize it would go so low and go bankrupt. :( Nice lesson from someone else mistakes. (Not that I learned it: I hold LBY and bought more yesterday - please don't follow me into it :/ )

If you want to invest in DCN, buy bonds like others said. Or buy Marty Whitman's Third Avenue fund. The fund profited very handsomely from KMart investment. If DCN is worth more than it costs, Marty will buy all he can. :)

Or if you don't like funds, at least read everything Marty has written before getting into DCN. Shareholder letters too. :)

Disclosure: I one small amount of TAVFX. Wish I owned more before KMart win.
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