Thomas:
So I don't forget later, I'll ask my question first. Tell us more
about your visit to RGFX, if you wouldn't mind. I'm in (long) for as
much as I can afford. As a 7:00 to 3:30 wage-slave, the likelihood
of a management visit is rather small for me, so a secondhand
appraisal sounds like a godsend! Tangible information and seat-of-
the-pants feelings would both be important to me, if I were there,
so don't skip details that seem too small to mention.
Re your query to Don: Jim Oberweiss says in the Barron's article
that he picks stocks that are growing at very fast absolute rates,
both revenues and earnings, at as low as possible P/Es as he can find.
(Also that his fund doesn't buy a company unless the P/E is lower
than 1/2 of it's growth rate.) Or, (my interpretation) value plus
momentum. I subscribe to his letter (The Oberweiss Report) and like
a lot of his picks. I can only justify spending money on one such
publication, and picked Jim's after going through some Hulbert letter
reviews. RGFX is introduced in the latest edition, I did a little
research on my own and bought some shares.
Some more interesting reading, if value plus momentum sounds inter-
esting to you, is a book recently out by James O'Shaughnessy entitled
"What Works On Wall Street". Check it out in a library or browse it
in a bookstore. Statistical analysis of different investment
strategies and how they would have worked over the last many years,
forty or so.
In the newsletter, he (Oberweiss) also mentions that R recently intro'd a new product line to grab some lower end share of the printer market and that the digital printer market was up 45% in '96 and projected to grow substantially ($2B) by 1999.
Hope this helps.
Lee |
