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


To: Bob Rudd who wrote (15065)8/5/2002 7:02:48 PM
From: Don Earl  Read Replies (1) | Respond to of 78519
 
Bob,

<<<Deep value screens often kick up 'Too good to be true' stuff>>>

Yep. I stopped out of ACRT this morning. You probably saved me some money by posting excerpts from the Barron's article. The scary part is I spent a fair amount of time digging through the filings, and there wasn't ANYTHING disclosed which would suggest the amount of trouble they are in. I think I'll stay with my plan to stick with short play until the regulatory bodies clean up their messes enough that investors are able to tell exactly what they're buying when they read the filings. I'm pretty tired of public companies being run as if they are a private piggy bank for playboy wannabe insiders. I've about come to the conclusion that if any of these clowns actually had the talent to run a company for real profits, they never would have taken the company public in the first place.