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Strategies & Market Trends : Disciplined Investing, especially the NAIC way -- Ignore unavailable to you. Want to Upgrade?


To: The Philosopher who wrote (293)1/17/2002 6:35:07 PM
From: BrightFuture  Read Replies (2) | Respond to of 469
 
Hi Chris and K,

I've been out of the loop a bit. We had our club meeting the other night and some interesting things came out of it.
I was wondering how much you two, and other posters, look at the balance sheet and statement of cashflows. Someone in the club brought Tetra Tech (TTEK) saying it was the rage at the latest Chapter meeting. Everything surrounding the SSG looked great (though there was a few eye brows raised at the 90% instituitional holdings). But when she did a bit more digging, she found that they have had a negative cashflow 2 out of the last 3 years!

What was interesting is, the person who brought the stock up in our meeting mentioned that this company was quite popular at the latest conventions NAIC puts on. I couldn't believe it.

Anyways, was just curious what other methodologies you use in conjunction with the SSG.

Thanks.

Terry



To: The Philosopher who wrote (293)1/18/2002 3:05:12 PM
From: - with a K  Read Replies (2) | Respond to of 469
 
Re: Ford.

No, I don't follow them. Seems like such a tough business to begin with and so hard to differeniate your product. Slow growing. Intensely competitive. No clear business advantage. Low margins. Internal troubles. Image battered by the handling of the Firestone debacle. I like to consider myself open and a wannabe contrarian at times, but I'd stop right here.

Just my two cents.