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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (3723)	4/10/1998 11:20:00 AM
From: Wright Sullivan	Read Replies (3) of 78515

James: Here's a good interview with Rummell, along with related links on St. Joe Corp. (SJP): tdo.com tdo.com tdo.com Nothing earthshaking here, but it sheds some light on SJP's moves in recent months. Two other large land holding stocks, similar in some ways to SJP: 1) TRC (Tejon Ranch), which owns a ton of land just North of Los Angeles. Martin Whitman (of TAVFX) is very fond of TRC. Has anyone on the value thread looked at TRC lately? 2)TPL (Texas Pacific Land Trust). I know virtually nothing about TPL but am going to look into it. Also, does anyone have any comments on FLA (Florida East Coast RR, 54% owned by SJP)? They are a good RR and own lots of Florida real estate. To all: Keep up the good work on this thread.

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