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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (5904)	1/31/1999 11:21:00 AM
From: Joe Dancy	Read Replies (1) of 78520

Barron's had a note on Service Corp this week on how they missed earnings, and I had lunch Friday with a senior Northern Trust investment strategist and he told me that the management made some misleading statements a few weeks or months ago in his opinion to calm fears - then the quarterly report just confirmed the fears and issues were a real problem. People were not happy. I don't follow, but he said I might look at it now as undervalued. I doubt I will, when management loses credibility it can hurt for years. Just my two cents. Joe

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