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Strategies & Market Trends : Value Investing

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To: Bob Rudd who wrote (6318)3/16/1999 12:34:00 PM
From: James Clarke  Read Replies (2) of 78599
 
USG - Two words are associated with USG in the minds of investors. "Asbestos" and "Bankruptcy". The company has a colorful past to say the least. Don't know to what extent these are still issues, but the economics in the WSJ article yesterday look a lot like the airline industry in 1997. Rising prices, everything going perfect, but the P/E multiples never got above 8.

This one is probably worth some work. Thanks for reminding me to reread that Journal article.

JJC
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