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


To: jeffbas who wrote (8607)11/17/1999 1:36:00 PM
From: Paul Senior  Respond to of 78702
 
Jeff Bash: re: LTV. You do have a point questioning why LTV would be buying another co. (and taking on more debt to do it) rather than reducing its own debt/eq. Looks like the market questioned that decision too. Stock is down to about 3 1/2 from 5 when you and I posted. I have no answer. Didn't stop me though from adding more today to my small LTV position.

Paul Senior