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


To: Freedom Fighter who wrote (12233)3/29/2001 9:25:29 AM
From: valueminded  Read Replies (1) | Respond to of 78615
 
wayne:

I am with you on this one. I am in process of liquidating as well. Unfortunately, this is one of those that I should have known better. Unlike you, I wont follow this one again, I think this line of business is low margin, cyclical with virtually no barriers to entry. Not the makings of a good return unless it is a net net. This makes 2x I have lost money on temp agencies. Hopefully, I wont do it again.

On a different note, would you care to share some of those better ideas. I am at a loss for new investments and so I am predominantly in cash now. I happen to like bamm and awx at current prices and will probably add on weakness. I sold span at the recent spike but will re-enter if they weaken.

Someone had mentioned the paper companies, I havent had time to investigate yet.

thanks