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Strategies & Market Trends : Value Investing

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From: paulelgin4/11/2012 3:43:29 PM
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Exelis Inc (XLS)

Has anyone done any work on Exelis Inc (Ticker: XLS), recently spun-off from ITT? It looks awfully cheap to me, on a P/E basis. I'm always leary of companies with negative tangible book, but I think there may be some value here.

Paul Elgin
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