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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (2585)12/2/1997 6:03:00 PM
From: TimbaBear  Read Replies (2) of 78602
 
Paul.....

I have read a bunch of your posts and like the way you think......I don't know if you like small cap stocks or not, but if you are not totally against them, I have found one that you might like to research....the company is Touchstone Applied Sciences (TASA)....sells for 1 1/8....I was introduced to it by the Napeague newsletter and then did my own Edgar search and evaluated the quarterlies for myself....I think the stock is the kind of turn around that you were referring to.....has hit bottom and is in the second or third quarter of the rebound.....I think it is selling at about 1.6 times book and about half of quick net asset value.....if nothing else, might be a good research project....I am not a trader but since doing my due diligence, I bought 6,000 shares for my IRA.....if you do research it, I would be very interested in your thoughts.

Tim
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