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Strategies & Market Trends : Value Investing

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To: Mr. Sunshine who wrote (6279)	3/13/1999 1:43:00 AM
From: Paul Senior	Read Replies (1) of 78672

Steve Hales, re: TECD;HS. Those businesses do seem to be undervalued. (Although, as you know, HS may have some accounting and/or reporting difficulties .) I have been buying MI, not only because of its low valuation, but also because it has a very strong intranet presence (business-to-business e-comerce). Also I own a little ARW because of its size and its international diversification. And I own ICO, a reseller which is changing its business model, and which I think will be awarded a higher multiple, if they are successful. Paul Senior

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