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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (47243)	4/17/2014 12:26:32 PM
From: Paul Senior	Read Replies (1) of 78751

SENEA. I'll reenter Seneca for a few shares. Company seems to be in the plodding business of producing and distributing processed fruits and veggies. Profitable though each of the past ten years, and sells below stated bv (as it has for most of the past decade). For what seems to me to be a dullard company, it's now announced an investment in another food processing company. So in my view now, management is at least trying something to make a significant improvement in its business. Stock is near 18 mo lows. I'll guess and bet there's a chance for the stock to revert, maybe short-term, or eventually (-g-). finance.yahoo.com

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