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


To: Investor2 who wrote (11689)1/5/2001 10:45:23 PM
From: Paul Senior  Respond to of 78973
 
I2, dividend play fwiw. I'm starting to build up my small position in auto insurer CGI again.

If auto insurer MCY in California can sell for what it sells for, then there's got to be some stock appreciation potential for CGI out of Massachusetts.

Well, okay, we're talking two different regulatory bodies. Maybe between CA and MASS. there are two different types of drivers too -g-. And if you consider the business models of CGI and MCY, they are actually two different types of auto insurers. Nevertheless, both companies are powerhouses (imo) in their respective markets. Price to book for CGI is reasonable but not great. I'll assume the good CGI dividend is fairly well protected. CGI is a reasonable bet for patient value investors.

Paul S.
I've not been wrong on CGI before, so this could very well be the time that I am.



To: Investor2 who wrote (11689)2/14/2001 12:12:59 PM
From: Paul Senior  Read Replies (1) | Respond to of 78973
 
I2, dividend play for your attention and fwiw: Adding to my small and losing position in CAG this am. Stock has dropped on disappointing earnings and reduced expectation for 2001.

Paul