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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (3750)	4/4/1998 7:58:00 PM
From: Robert Hoefer	Read Replies (1) of 78525

Book Value: RJR Nabisco (RN) Here is a book value play that I have seen little comment on. I'm surprised there is not more interest in a major company that sells for 1.0 book, 55% of sales, and has a p/e of 11. A value play or not? Any discussion of the issues of a spinoff of Nabisco or the tobacco settlement/liability problem? Does that book value hold up under scrutiny?

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