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Strategies & Market Trends : Value Investing
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To: E Newman who wrote (2888)12/30/1997 12:54:00 PM
From: Ron Bower  Read Replies (1) of 78666
 
E,

IMO - JWC is a $16 stock selling below $12. They brought in $4.5M cash from the AGRO acquisition in addition to the $8M they already had. This money has been invested and, from their track record, one can assume they have put it in good places. They likely won't realize the gains until there's more market recovery. I had sold mine at 13.5 and just bought back at 11.75 looking for 18-20 end of June.

For what it's worth,
Ron
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