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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (10018)11/3/1998 3:20:00 PM
From: R. Ramesh  Read Replies (1) of 29382
 
Sergio,

I did a quick top level check on ICO after it was pointed out to be a value play. I have looked at a couple of different places to figure out if it really is a good one (yahoo, thompson etc). After learning that book value is about $24 and is trading at around 20, it does look like a good buy. However, based on recent decline in price and a bunch of insider sales I am getting a bit skeptical. Is there something that you can dig up that points out to a potential problem?

Your help much appreciated.

Ramesh
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