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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (20782)8/28/2000 1:49:44 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Sergio,

ODP is not one of "my kind of stocks" so sold it for the comissions only.

TBCC is indeed a value play as it is trading below book value, has a PE of less than 8 and price to sales less than 1.0. The recent purchase of the 5th largest tire distributor can only add to the bottom line. Today's volume is interesting as it is very light compared to Fri's 400k plus day. I'm going to wait a bit and see if it tests 5 prior to entering.

Ken