SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wright Sullivan who wrote (5048)9/24/1998 11:49:00 PM
From: James Clarke  Read Replies (4) of 78476
 
I agree with you on JOE. The value is just as much there as when I first bought. One big thing is different though. The stock is in the down cycle, not the up cycle. Not the business, the stock. When I bought it it was moving from undiscovered to discovered to loved. Now were are in the loved to disappointing to ignored cycle. It may take a while to get moving again. I could be wrong, but this is a different game. I am not saying don't buy it, but I am saying that the case is most definitely not the same as when I first bought it in late 1996, because then it had a huge catalyst to realize the value. When the catalyst fully fired, I sold. Now there are at least several REITs out there with a similar discount to NAV, zero catalyst, but they have a 10% dividend. I continue to follow the stock closely, and when a catalyst forms, I'll be back.

JJC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News