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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (2006)9/29/1997 6:25:00 PM
From: judge   of 78666
 
Check out the consumer finance industry. Its been in a lot of turmoil lately(example Mercury Finance). If you have a strong stomach there are some great buys. Here are a few: these prices are from 8/14/97
Ctys 10.50
fent 6 7/8
atl 12 7/8
alla 4 3/4
MFN check out the story on it...
I like CTys earnings expected to be over 2 dollars this year and the next..

I would definitely put this in the high risk category.. These stocks are sitting at PE's around 5.

Once the verdict is out on Consumer Finance and people(wallstreet) realizes they aren't going out of business you should see the stocks PE's rise to a respectable level.. Ctys with a Pe of 15 = a $30 stock. But again there is a reason these stocks are being valued this low, UNCERTAINTY.

Try to look 3 years down the road.. best returns J

ATRO earnings up over 64% from last years six months. Stock up $1 today to 9 3/8. last post # 1161.
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