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


To: blankmind who wrote (13452)12/18/2001 7:36:43 PM
From: Paul Senior  Read Replies (1) | Respond to of 78596
 
Affirmative, blankmind. Still holding.

Your projected p/e is too ambitious for me.

I'd like to see NTAI earn 15% on equity of $15/sh and sell at 10x earnings. That'd place the stock at $22.5/sh.

Now how long I have to wait to see that, I do not know. (Or if I've got the patience to keep waiting.)

-------
Also, agree with you on ESREF. Still holding on to that one as well. My hope would be it trades up to book value (and that the book value doesn't shrink -g-). If I could get some confidence in ESREF earnings improving, I'd consider adding to my small position. Maybe also if stock breaks out to new high.

Paul S.