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


To: James Clarke who wrote (8890)11/4/1999 5:03:00 PM
From: Paul Senior  Read Replies (1) | Respond to of 78627
 
GPC@$13 Not sure I want to delve into a valuation method that doesn't work here. Maybe a slightly better way is to look at psr/price. ODP is .4/12, PBY is .3/12, OMX (no debt)is .15/5, GPC is .6/26. Roughly. Maybe by comparable value GPC should go for $18-24. But imo, it's too superficial. I have to defer to experts who will do comparables right.

The thing to fall back on is The Reason To Buy: Relatively high dividend that consistently is increased on a stock with historically consistent growing earnings and which now has a low pe and sells at a four year low. Whew.



To: James Clarke who wrote (8890)11/19/2001 2:38:49 PM
From: Paul Senior  Read Replies (1) | Respond to of 78627
 
Jim Clarke: Fwiw if you are still around --> Your posts and analyses on GPC couple years ago were very helpful to me. Thanks - much appreciated!

I've begun to trim my position just a bit now at current price.

finance.yahoo.com

Paul S.