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

To: James Clarke who wrote (12423)	5/4/2001 11:35:33 PM
From: Bob Rudd	Respond to of 79131

I was fortunate with my USG, after trading it very profitably in 99, I sold my 2000 position on both sides of the Buffett announcement 10 minutes prior at a loss and shortly after at an offsetting gain for roughly break even. I considered re-entry, but decided not to push my luck. I wondered, in 99 why the insiders weren't buying with both fists with gypsum in shortage. USG was printing money. Now I know. I think Marty Whitman's got the right idea buying the bonds, but that's not a little guy's game, IMO.

To: James Clarke who wrote (12423)	5/7/2001 12:10:03 AM
From: doug5y	Read Replies (1) \| Respond to of 79131

Geez...my USG idea got shot down pretty quick. It seems to be out of favor with value investors on this thread. I can certainly understand that. But I'm sure the three amigos - mentioned in an earlier post - considered all the issues ( and more ) brought up by this thread. Re Whitman being out of USG, according to the info I could find, he's still in for almost 1.5 M shares, as per this link: news.morningstar.com I'd appreciate any news as to any subsequent sales from that date ( 03-05-01 ), if I missed anything there. It does look like Nygren is out : biz.yahoo.com One alternative I've considered to owning USG was moving to one of Whitman's funds, something I've been meaning to do for some time, if only to read his great shareholder letters. For the moment, I'll stay with USG and update the thread if/when I exit. IMO as per usual.

To: James Clarke who wrote (12423)	5/21/2001 3:51:30 PM
From: Paul Senior	Read Replies (2) \| Respond to of 79131

James Clarke: I'm still betting your mother is going to be right with her choice of BMY. Adding today to my BMY position. Clairol sale is announced and BMY stock is dropping a bit as people sell on the news. -------------------------------- Also starting today to establish an exploratory position in NVS. Possible that its cancer fighting drugs might have wider application than we yet know. I will assume NVS pipeline and potential are worth paying the high share price.