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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits"
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To: Spekulatius who wrote (1129)2/4/2008 11:45:18 AM
From: JimLudlow  Read Replies (1) of 1185
 
Earlier I bought at 24 and then sold when the credit crisis was revealed for a small loss. I essentially agree with you and bought some DFS at these low levels. Normalized earnings (no write-downs) is approx. 1.80 so these prices are below 10X when a normal p/e would be 14.5x.
Good luck.
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