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Strategies & Market Trends : Value Investing

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To: Terrapin who wrote (32357)10/7/2008 5:07:39 PM
From: Paul Senior  Read Replies (1) of 78710
 
DSWL. I agree with Jurgis Bekepuris.

The stock is at a very good buy point. As are so many stocks.

I've followed the company off and on for several years. I'm holding a few shares now bought at higher prices. I'm not so willing to add more though now.

You're wondering how low the stock can go. In this market, it can go below net cash. My guess guess though is that it won't. (Stock price being $2.40/sh., net cash/sh per Yahoo being $1.45/sh.).
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