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


To: Dale Baker who wrote (13205)11/14/2001 4:04:15 PM
From: Paul Senior  Read Replies (2) | Respond to of 78516
 
Dale Baker; as you know, you've been right-on with MAXF.

Nice earnings report today. Stock still seems very undervalued to me - and the company is on a roll with the earnings increases it's seeing.

I've added a bit more today to my position. I do not at all like averaging up, ESPECIALLY on such a good day for MAXF. On the one hand, I suspect there'll be some profit taking soon with the stock. OTOH, the stock is still selling below cash, below stated book, and at a low p/e (per Yahoo). I'd rather be in now for a bit more and ride it for a bet the stock will eventually surpass this year's high.

finance.yahoo.com

jmo,

Paul Senior, who
is skeptical about adding right now, but doing it anyway