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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (28708)10/26/2007 11:23:18 AM
From: MCsweet  Read Replies (1) of 78814
 
GNW,

I like. I think price is actually a tad above tangible book value, but you don't get $12 billion dollar companies as cheap as microcaps (unless the $12 billion companies have a LOT of hair on then them).

I thought they'd have more writedowns.

Thanks,
MC
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