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


To: Paul Senior who wrote (15199)8/14/2002 11:55:55 PM
From: TimbaBear  Respond to of 78567
 
Paul

I'd buy IAL. When you consider that their CAPEX is twice their depreciation, it indicates they are investing for better productivity down the road. If you make CAPEX equal to depreciation, the flow-through to the bottom line looks more like just shy of 10% ROE. Getting almost 7% dividend and having no debt, not bad.

Timba



To: Paul Senior who wrote (15199)8/15/2002 2:24:34 AM
From: Seeker of Truth  Respond to of 78567
 
There's a note in yahoo that IAL's earnings were noticeably affected by a strike. If the strike was of IAL's employees then I'd avoid the stock. There are many things to buy, why get involved where the employees are not united with the management, never mind whose fault it is.