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Strategies & Market Trends : Value Investing

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To: Scott Mc who wrote (3376)	2/27/1998 1:31:00 PM
From: Paul Senior	Read Replies (1) of 78703

Scott: re: LOL. ROFL after reading your post. (CAG) Gee, now I think I'm maybe wrong here. The STANDARD acronym is more likely lots of luck. But I know I'm okay saying that many SI people use it for laughing out loud. I liked your post!--and I KNOW ROFL is rolling on the floor laughing. Okay, back to work. Any interest in CAG (Conagra) at recent lows? Could be a good rel. div. play. I have to look closer. I sense that it could even be a Buffett stock - if pe were maybe half what it is now (-g-). (Which is saying nothing since a ton of stuff could be his cup-o-tea if they were selling at half of their current pe) I bet he's checked it out too. He liked General Foods at pe 12 I think. The long term trend of the stock is up, but rev's haven't been growing much. Anyone trying to diversify out of tech., have a LONG term perspective... this could be close to an opportunity to begin a toehold position. Possibly also a good core holding for a 12 year old who's got 40+ years or more investing yet to go. 'Course it's not likely that CAG is a stock kids (12-22) can hear or want to hear. JMO. Paul.

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