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Strategies & Market Trends : Value Investing

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To: SI Bob who wrote (29272)	12/16/2007 7:36:57 PM
From: Mark Marcellus	Read Replies (1) of 78753

I'm a proponent of sticking primarily with industries you understand, and the better you understand an industry, the more active you should be in it. Bob, now that you mention it, let me ask you about a car related stock that I've drawn a blank on when I've asked others about it: Finish Master (FMST.PK) - a pink sheet company that is "the leading national independent distributor of automotive paints, coatings and related accessories to the $2.5 billion U.S. automotive paint refinishing market." finishmaster.com They went Pink because they felt that complying with Sarbanes-Oxley was too expensive, but they still file audited financial reports with the SEC. A value shop that I have high regard for (Tweedy Browne) highlighted them in their latest report to holders of their funds. I'm curious to hear from anyone who is familiar with the business, or with that sector in general. It looks like a good business and automotive suppliers in general are beaten down, but I don't know a lot about the sector. All others welcome to chime in as well, of course.

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