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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (8080)	8/29/1999 2:52:00 PM
From: jeffbas	Read Replies (1) \| Respond to of 78821

Paul, I would be interested in knowing why you took profits in MWY. Do you have little confidence in the forecast of record sales and earnings, or what? If they achieve them, I would think the stock would be $20. (I wrote some calls a while ago, for a net exit price of $13, but in view of the earnings forecast and regaining their international markets have been thinking of buying the stock back.) Did you read my link in post 8074, on CHB. What do you think of my analogy with the funeral home companies? CHB has taken on a lot of debt to buy dealers which may be of questionable value and ability to generate money to service the debt. I think it remains to be seen how this industry shakes out.

To: Paul Senior who wrote (8080)	8/29/1999 2:55:00 PM
From: Madharry	Read Replies (3) \| Respond to of 78821

I see you did not mention THQI or IDTC. Still holding these? BTW do any of you own COmcast? If so I would appeciate your thoughts on what this company is worth.

To: Paul Senior who wrote (8080)	8/30/1999 12:16:00 AM
From: Bob Rudd	Read Replies (1) \| Respond to of 78821

Paul: re: CHB/FLE/CMH...<<Because some of these mobile home manufacturers have expanded into retail sales, I believe they will eventually get better control of the entire supply chain from build-sell-install>> I cancelled my membership in the vertical integration fan club awhile back because vertical integrators are seldom highly skilled at the forward process [retail] and the dealers they don't own come to view them as competitors. Also the dealer end of it tends to be lower margin. A recent poster child for this was Shaw Industries purchase of several flooring retailers followed by sale of same at much lower price to Maxim after Shaw's biggest customer, Home Depot, showed them the door for becoming a competitor. bob