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

To: Robert Hoefer who wrote (15398)	9/8/2002 1:14:06 AM
From: Scott Mc	Respond to of 78666

Stelmar tooted as a value play in Barons this week, looks like the kind of value play that returns a boring 20% a year. Dont own any but if I was to buy I'd wait 2 weeks for the stock to calm down, should pop on monday, Scott finance.yahoo.com

To: Robert Hoefer who wrote (15398)	9/8/2002 9:08:46 AM
From: 249443	Read Replies (1) \| Respond to of 78666

Regarding Fleming: "...I'm not letting the amateur short sellers scare me out of this one. Be brave, own Fleming!..." Longleaf management repeatedly has stated that the Kmart issue is already (pre 9/6/02) reflected in the stock price. The 9/6/02 WSJ Front Page paints a very ugly picture about Fleming the company. Customers are leaving due to management business practices. It appears to me that the short-sellers -- and net sellers -- were quite competent in selling Fleming. I am definately not brave -- rather cautious -- in my stock selections. The WSJ article is a must read for Fleming shareholders. FROM THE WSJ ARCHIVES: September 5, 2002; PAGE ONE Fleming Takes Hefty Deductions From Grocery Suppliers' Bills "...Fleming's vendors complain that the grocery distributor is taking what they say are exaggerated deductions from their bills, spotlighting the tug-of-war that goes on in the low-margin businesses of manufacturing, distributing and selling grocery products to independent supermarkets..."

To: Robert Hoefer who wrote (15398)	9/8/2002 10:08:06 PM
From: Robert Hoefer	Read Replies (1) \| Respond to of 78666

Correction to Fleming volume figure I gave earlier. Looks like I added a zero in my haste. Volume for last week should have been about 16 million shares, not 160. That makes more sense, though it's still more volume than in a typical month and the market was closed Monday. And volume has been much heavier this year and last than it was in the decade preceding. Sorry, I'll try to get my figures straight in the future. Also, I don't mean to come across as one who believes short selling should not be allowed. It's a free market, so let the shorts have at it. There's no need for long term owners to be disturbed by their activity. The shorts may even create a nice buying opportunity. Thanks for everyone's comments.