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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (6504)3/31/1999 4:59:00 PM
From: TAPDOG  Read Replies (1) of 78519
 
Anyone follow FRD. It's trading for about book value. It's small cap and I'm wondering if it's down because of some recent news or because small cap funds seem to be bailing.
Fabricating steel in the oil patch may not be the trendiest business this year, but they still make money and the dividend is over 5%.
Any opinions?
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