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Strategies & Market Trends : Value Investing

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fitzz

To: Paul Senior who wrote (53440)	2/18/2014 12:40:04 PM
From: richardred	1 Recommendation Read Replies (1) of 78751

I do agree, and I'm paying a quite a bit more than my original entry. However, it's off it's high by about 25%. If market conditions stay positive. I'm guessing the stock could get there upon a good report next quarter. Hopefully with room to grow going forward. IMO Speculative appeal is somewhat reduced due to the high insider ownership. As you already know, just about anything goes for the right price though. The Peltz's are still trying to split up Frito-Lay from Pepsi or buy Mondelez for their personal benefit. I don't see either happening. P.S. One interesting note at the local Walmart. It does look like LNCE is making some inroads with shelf space in specialty displays and the salty snacks isle.

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