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Strategies & Market Trends : Value Investing

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To: Keith J who wrote (27349)7/20/2007 7:19:35 AM
From: Wallace Rivers  Read Replies (1) of 78726
 
Keith, no offense taken, I do agree that a PE of 20 for a company which is experiencing growth issues seems excessive. The hope with HSY is for a reversion to the mean (as Paul would say), and that investor interest for a well known global brand will percolate, as it has in the past. Perhaps the HSY trust will reconsider its position, given the stagnant stock price.
Quadra may indeed be a terrific speculative play, but to mention it as an alternative to HSY is like comparing apples to oranges. The betas, company history and longevity, and profiles of investors in HSY and Quadra are totally different.
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