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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (41116)12/28/1998 8:50:00 PM
From: novice investor  Read Replies (1) of 132070
 
Hi Michael,

Some time ago you gave us information on possible calendar based investments. Using your information and some ideas from newsletters by a guy named Fosback (apparently a hard core calendar user), I've looked for stocks that follow annual cycles and came across a company called J. Baker Inc. (NASDAQ: JBAK).

It's a very boring company (they make clothes for big and tall guys, perhaps you own their wares) but their basic fundamentals look O.K.

Price/Book (mrq) 0.76
Price/Earnings (ttm) 8.94
Price/Sales (ttm) 0.11

mrq = most recent quarter
ttm = trailing twelve months

Their stock performance for the last several years show very clean annual cycles:

quote.yahoo.com

Assuming the cycle will persist, it's at the bottom now and is about to go up. Now, if you had extra winnings from your horse race adventures, would this stock be the kind you'd look at? Or is it too boring to bother?

NI

P.S. At my wife's strong commendation, I bought some June calls. She insists women are better at judging this stock. Any ladies on this thread care to comment on this?

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