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Strategies & Market Trends : Value Investing

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To: Mark Marcellus who wrote (42626)5/13/2011 1:19:32 AM
From: Spekulatius  Read Replies (1) of 78632
 
Marc - re STRA - why do you think a stock like STRA trading at ~14X forward earnings in an industry that is under the gun and depending on public funding is attractive.

I understand that STRA management is probably the best in the industry but I don't even see remotely a valuation angle at current valuations. Another 50% haircut may do it for me, but before this happens I am in no hurry to learn much about this business. Just my opinion of course.
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