What a coinkydink. Just a few minutes ago, I was investigating
Florida Rock for the first time over. So you beat me
to that one. Although we're both sitting here at 26,
it's on my list for investment with the next correction,
along with New Holland, Phelps Dodge, Callaway Golf.
I believe Asia will affect us over at least the next 2 years, so
I'm looking for home-grown small industrials selling to home-grown
or at least non-Asian customers. BMC, Medusa both fit
that. Medusa's still cheap. Deswell is in HK, but it's just
doing too darn well to let go. Sybron Chemical didn't get bought
out after all, but it's still up at 32. It may fall in a correction,
and I'd buy it again. I'm also taking a gander at
Supreme Industries and Federal Signal (trying to get 19 or
less). NCI Building keeps coming up on my screens.
I'll post here or my web site more details when I think any
of these potentials is a good buy.
Waiting for that bear any day now,
Mike "the sky is falling" Burry |
