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Strategies & Market Trends : Value Investing
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To: Wallace Rivers who wrote (5464)12/18/1998 12:58:00 PM
From: James Clarke  Read Replies (2) of 78748
 
Wellman is probably worth some work. .5 times book. It just made a bad preannouncement and the stock did not drop, its worth a look. That tells me that this is your bottom. Then the only question is timing. Going into January doesn't sound like bad timing on a small stock down 60% from its peak in May. I know zippo about the company, so before I talk myself into buying it I'll do my homework and post what I find out.

Thanks for the idea.
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