Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kapusta Kid who wrote (11817)	1/11/2001 5:42:34 PM
From: Blue Voodoo	Read Replies (5) \| Respond to of 78958

I do have a position in ASXI, accumulated over a few days. It is indeed thinly traded with wide spreads. BUT the ask is 50 cents, the book value is 69 cents, the PE is under 4 (& earnings are continuing), and recent experience of other component makers like AVX suggests the whole sector was greatly oversold and is bouncing back. ASXI is a microcap, so don't expect to jump in and out in a hurry. It's such a tremendous value that I'm willing to sacrifice liquidity.