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


To: Paul Senior who wrote (14122)3/14/2002 3:43:36 PM
From: Paul Senior  Read Replies (1) | Respond to of 78714
 
I'll take a small starting position today in SMF.

Smart and Final is "a foodservice and warehouse grocery company operating 230 non-membership stores in seven states and northern Mexico".

quicken.com

Sells below stated book value and at a reasonable (imo) p/s. SMF is sometimes mentioned in the media as a takeover candidate. (-g- Such reports have been on-going for several years!) Looks like SMF has started to recover or has recovered somewhat from business problems (acquisition, I believe) of couple years ago.

Also fwiw, I'm still holding positions in all the grocery and food distributor stocks I've mentioned here in previous posts. (I wrongly reduced my position in FLM though when stock dropped severely after K-Mart issues surfaced.)