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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Jason W who wrote (55031)	9/28/2001 9:34:25 AM
From: Rande Is	Respond to of 57584

Thanks, Jason. There is already a good deal of discussion on beaten down stocks that are under $1.50 on our Fishing thread: Subject 24605 I have been posting them as I find them on Insighters. . . let's see. . .yesterday morning in the DayRaiders chatroom, I illustrated a long-term pick called TTEC that was down at its 2 year low. In keeping with avoiding tech stocks, this is a non-tech company and non-telecom company, despite its name, TeleTech Holdings. They handle customer service issues for multi-national companies. . .such as email, in-bound 800# calls, internet inquiries, etc. . .it can completely take over all interaction with customers. Quantas signed a deal with TTEC just last week, as they no doubt realized they would need to lay off some of their workers. By hiring TeleTech, they can close their customer service departments and outsource the whole department, saving them a considerable amount in salary, insurance, management, etc. I believe that in the current market, this sort of company will prosper. TTEC has recently begun a share buyback program. They have already reported 3rd Quarter results, which were in line with guidance. Much of their losses have been investment related [so what else is new?]. Book value is $4.48. Sales (ttm) $11.98 per share [nearly a billion in sales/yr] PE Ratio is 14.85 Debt to Equity ratio is 0.29 Cash is 47 mil And with 7.4 million short-interest . . I could see this one popping once we are out of the woods. The price has remained relatively stable the past 6 months, despite the sharp declines in the market. I understand you would like a list. I've made a few of them and posted in different places over the weeks. Perhaps you could organize value picks here on SI. Best wishes, Rande Is