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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (5072)9/29/1998 12:39:00 AM
From: Paul Senior  Read Replies (1) of 78516
 
I'll just bring back a few stocks from recent posts to jog anyone who might want to make some additional comments:

PSO: Maybe Jim Clarke bought a block (10,000 sh) or perhaps everybody here jumped in on Jurgis's earnings post and/or Jim's response -g-. Stock up 7/8 today to over 7.

JOE: Has moved 10% off its lows, I notice. Ended some weird (IMO) joint venture with the NFL week or so ago.

AVP: At its 12 month low. Co. says it is still on target to meet '98 and '99 earnings estimates. Sonki posted it and was a buyer, I think, at these levels.

SBUX: A caffeine headache day for the posters here who were short. Stock up 5 as Starbucks announces a marketing agreement with Kraft to expand shelf presence.

CIEN: is up 1/4. Beats being down 1/4 -g-.

Gambling stocks: Some concern that Georges could hurt casino business in Mississippi, etc. HET (Harrahs), et. al. might be affected.

SFC: Close to its low. These subprime lenders.repackagers are all hurting from what I can tell. (The stocks of the companies I'm looking at are all down anyway.)

LHO, HOT, FCH: Hotel REITS. If you haven't noticed, there's been a bounce from lows for a very large number of REITs - hotel, apartment, commercial. Some people coming into these investments just recently are seeing capital gains as well as good dividends. Since - from what I can see - prices are still way below highs or even midpoints, people who purchased earlier may not be so fortunate.

BC. There were several million share block trades in mid Sept. for Brunswick. Stock now is 13.1/2 up from lows of 12. I see now thatAMF (symbol PIN) is also trading near its lows.

CSE, AG, NH: Starting to see those projected earnings dropping. CSE and AG have announced layoffs. CSE now recommended by pro value investor (value stock fund) in this month's Worth mag. All three stocks up a little today.

Sorry if I've left out anybody's fav. These were the only stocks/categories I saw that had some discussion going past couple of weeks.

Paul
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