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

To: James Clarke who wrote (8527)	10/5/1999 1:23:00 AM
From: jeffbas	Respond to of 78516

Hope MAT doesn't hurt you, Jim. Today might be the bottom from a technical point of view. However, I don't hear the price screaming at me from a fundamental point of view yet. It is quite possible that I never will because I usually deal in lower quality goods, whereas these franchise stocks usually don't get that low. This may be an interesting learning experience for me, as TLC certainly is for Mattel.

To: James Clarke who wrote (8527)	10/5/1999 6:17:00 AM
From: Madharry	Read Replies (1) \| Respond to of 78516

Having read these posts, I still do not follow MAT as being a good buy. On a more conceptual level, if you believe as I do that the market is overpriced and that technically it is in a downtrend, is it worth trying to find needles in a haystack or are these acts of hubris, and that cash is king ?

To: James Clarke who wrote (8527)	10/18/1999 11:18:00 AM
From: Bob Rudd	Respond to of 78516

LKI This news: De Beers slashes diamond stocks to gain value JOHANNESBURG, Oct 18 (Reuters) - South African diamond giant De Beers on Monday said it would more than halve its multi-billion-dollar diamond stockpile in a move to boost shareholder value and take advantage of a buoyant gem market. De Beers, which controls around 70 percent of the world market in rough stones, said it aimed to cut its working stockpile of diamonds held in London to between $1.5-2.0 billion from $4.6 billion at the end of last year... Looks a tad bearish for LKI. I'm not a holder, but have been watching it with interest since you mentioned it. Your take? bob