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Non-Tech : Staples (SPLS) -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (156)12/19/1999 6:01:00 PM
From: Adelantado  Read Replies (1) | Respond to of 184
 
After you determined a company is undervalued by the market, don't fret when the market continues to undervalue it by making it even more available, take advantage and buy more. As the price decreases, acquire more and more.

If you are confident in your conclusions, then it is only a matter of time for the rest of the market to learn what you concluded and adjust the price to your evaluation. After all, the only way to make money in the market is to take advantages of market anormalities, where there is a need to adjust the market value to its real value. If you can do that, you will suceed. If you care what the crowd is doing, you will eventually be eaten by the wolves.

Joe



To: TH who wrote (156)1/13/2000 2:30:00 PM
From: Adelantado  Read Replies (1) | Respond to of 184
 
Looks like the market got around to reevaluate the Staples of the world..good recent price correction going on with much more to go. What are your fair price estimates based on recent earnings and sales reports and forecasts?

Joe