david.
i won't pretend to know jack about this stock, but for the record, it's been namedropped twice in two weeks in the washington post's sunday lead business column written by james glassman (who for obvious reasons, can't own individual stocks). first on nov 8 in a piece on financial newsletters; again on nov 22 on small-cap bargains. each time vertex was someone's pick: "prudential speculator" and "microcap stock digest," respectively.
while i take wall street op-ed'ers with a shot of tequila and a big lick of salt like the next guy, it's enough to at least pique my interest. for what it's worth, glassman is fairly conservative and staunchly preaches buy-and-hold.
i'll be doing my own homework shortly and will report if i find anything neato torpedo. thanks for your comments on standardization; i'll look into it.
-chris.
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Letters With News That Investors Can Use
James K. Glassman
Washington Post Staff Writer
Sunday, November 8, 1998
Other recent choices by the Prudent Speculator: Singer Co. (SEW), the world's largest maker of sewing machines, which is down more than 50 percent in the past year and trades at a P/E of 5, based on projections for 1999; Fleming Cos., (FLM), a food distributor and owner of supermarkets, which trades at 3 percent of sales, 36 percent of book value, 1.7 times cash flow and a P/E of 8; and Vertex Communications Corp. (VTEX), a micro-cap maker of satellite antenna systems, which just boosted its earnings 29 percent to a new record but still trades at a P/E of less than 9.
washingtonpost.com
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Small-Cap Values Beyond High Tech
By James K. Glassman
Washington Post Staff Writer
Sunday, November 22, 1998
Meanwhile, Edward Elfenbein of Microcap Stock Digest (703-538-4236), another small-cap maven who has kept the faith, this month added a new recommendation, Vertex Communications Corp. (VTEX), which makes antenna systems for satellite earth stations. Thanks mainly to concern over Asia, the stock has dropped 29 percent this year and now trades at a P/E of 9.
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