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Pastimes : Georgia Bard's Corner

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To: Jimmy Dunn who wrote (5158)4/5/1999 1:53:00 PM
From: Binder  Read Replies (1) of 9440
 
24X earnings is about as good as you will find nowadays too.

I like NDB, and could see it as a nice short term hold. But, I feel that sheep-protecting legislation is only a matter of time, and would be concerned about that for the long term. (It is my belief that the government will soon tax/fee our ability to self trade without a broker as a way to protect those who have no business being here)
Of course, with the government, nothing is going to happen quickly, so it would probably be fine to hold for up to a year.

I realize that you didn't ask for it, but this is simply my opinion.

:-)
Binder
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