Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (3718)	10/7/1998 7:58:00 PM
From: Gary105	Read Replies (1) of 18998

agree with overvaluation of PVN. AXP, the premier financial services company is selling for 3.5 x book. Large money center banks are selling for 1.5 - 1. 8X book and on way to close to 1x book, which they sold for during last international monetary crisis So 2x book is reasonable assessment. Not much support between current levels and 40, then support at 40; when 40 is violated, quick fall to 25. All imo, Gary

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