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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (22063)	12/22/1998 11:50:00 AM
From: Neil H	Read Replies (1) of 50167

Iqbal Thanks for your comments on ALA. I found what I regard as a good long value. Check out Mattel (MAT). The leader in the Toy industry, High this year was about 46. Currently at 23 (not a split). Dropped due to customers not carrying inventory like they did before and also just is buying The Learning Company (2nd largest software Company after Microsoft). They will solve their manufacturing and distribution problems and fly. I expect 50% increase by mid year 99. I just bought today a modest amount today. May be a bit early and may correct more in a market correction but think it is nicely valued now. Also like Schlumberger long term at this price. But do not expect turn around soon. Do not own this yet. Hoping for nice numbers from 3com! Comments anyone? . Regards Neil

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