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Strategies & Market Trends : Value Investing

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To: Brian Thomas Hertzog who wrote (4256)6/10/1998 11:15:00 PM
From: Scott Mc  Read Replies (2) of 78958
 
Burning alot of cash, but insider buying... How about

UAM
Good Business
Growing
Profitable
Buying by M.Price
Looks cheap based on assets under management
E.G. Over 2 Trillion$ and 70million shares, at 1% of assets that's $30
a share, try and find another money manager trading for so little...
They have been expanding overseas(Japan&Europe)which should do well...
12 consecutive yrs of increased earnings to 96(13 if you dont count the write down in 97)and 11 consecutive yrs of dividend increases.
Any comments?? Looks like a good long term hold to me..
Scott

PS: Tidewater mentioned here TDW, keeps getting cheaper and cheaper, will it stay afloat? (sorry poor attempt at humor:)

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