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Non-Tech : American Coin Mrch (AMCN)-High Growth Vehicle
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To: bob ferrante who wrote (26)1/9/1998 10:35:00 AM
From: Steve Stuart  Read Replies (1) of 68
 
I make all of my decisions based on fundamentals, and am horrible at any sort of market timing. So I don't have much of an opinion about when the market will come around to what you or I think about AMCN's underlying value.

Besides, I sold in November at 16 3/4, which turns out to have either been early or just plain wrong. :-)

The point of my previous post was not about the timing of the acquisitions and when they would kick in. Instead, I was trying to point out that the company is paying more for earnings with every acquisition. I think growth will get harder and harder to find in coming quarters/years.

-Steve Stuart
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