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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (31267)6/26/2008 11:54:49 AM
From: Jurgis Bekepuris  Read Replies (1) of 78670
 
Well, I decided to join the shoe business today with a small purchase of NKE. ;) OK, it's not shoe business really. ;) NKE is somewhat cheap using ROE based metrics though it's somewhat expensive based on PE and (lack of) growth. (Note that 26% income increase in 2008 is mostly due to one-time items). Still a great company and Buffett holding, so I got in and will see if I want to get more in the future.
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