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


To: Bob Rudd who wrote (14075)3/4/2002 3:00:22 PM
From: Paul Senior  Read Replies (1) | Respond to of 78520
 
FLE: Yes, a possible survivor. If/when the industry does come back that might mean both FLE and CMH will rise. Even though CMH has had a nice up-move already (and FLE is going the opposite direction), ...

finance.yahoo.com

... it might be safer to assume that if there's a comeback to the industry, it can't/won't happen without CMH fully participating (i.e. CMH stock will move up from current price). So it may make more sense to buy and hold CMH at its current price, rather than buy and hold FLE to await the industry improvement.

Hard though for me to step in to CMH when I missed it so badly so many points ago, and while FLE is at now at multi-year lows. I'll take on a small exploratory position in FLE and see what develops into 2003 (if I can hold on).