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Strategies & Market Trends : Buffettology

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To: Shane M who wrote (1013)	1/26/1999 1:44:00 AM
From: James Clarke	Read Replies (1) of 4691

Ralston missed earnings and dropped 8%? And did you hear they also announced that there are 15 new competitors in the pet food market, and that half their sales are to Russia, and (they didn't say this, I just heard this from an inside source) - cheap batteries last just as long as Energizers? Or am I just trying to get the stock down to 20 because I want to buy even lower? Beautiful. My research goes into full court press on this one. I've got to get caught up, but I think the price might be there. As you all know, I have expressed great interest for over a year now, but never (I don't think) pounded the table to buy it. I need to get back up to speed and check out my old work on it (I owned it at a price higher than this 18 months ago and sold over 100 pre 3:1 split - I had bought it for the long term, and something spooked me - I forget what.) I have been watching and waiting ever since for the right time to get back into this for the long term. Thanks for the heads up. My cat loves Purina. :) JJC

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