Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Shane M who wrote (3066)	9/14/2002 12:06:36 AM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 4691

There was a post on PB, "3rd largest bottler of KO products" in Latin America. Compare the Quicken score card on KOF vs. PB. quicken.com KOF markets more products in Mexico and Argentina, in addition to KO products. A marketing survey indicates that soft drinks and juices are popular with young Latin American population. Revenues seem to be growing. Any comments? Ram

To: Shane M who wrote (3066)	9/20/2002 12:30:03 AM
From: Paul Senior	Read Replies (1) \| Respond to of 4691

I still have BBY on my watch list. I moved EMR off that list today when I started a small position. Several times in past I've missed what turned out to be buying opportunities when Emerson hit temporary lows. The stock is still expensive on many measures imo, but compared to past multiples of p/sales and p/earnings, EMR's about as "reasonable" as this company has gotten in a while. (But in this dropping stock market and this economy and this going-to-war mentality, who knows what's reasonable or if the current price is only a temporary low?). Two negatives I note (there are more), are that the company made a big bet on being a supplier to the telecom sector (ouch), and debt (as in debt/equity) seems to be trending up (increasing). EMR's had a wonderful multi-decade history of earnings and dividends under the leadership of Charles Knight. His leadership methods have been used as case studies by business students. At 65, he's turned over CEO responsibilities, but he's still there as Chairman. quicken.com Aside: I'm trying to take this "opportunity" in the current down market to increase the "quality" of stocks in my portfolios. Yet I'm not exactly sure why I'm doing this, or what this "quality" improvement even means. To me, owning stock in a "low quality" company doesn't have to translate to low chance of making a profit with its stock. I guess I am just getting tired of seeing so many bankrupt,near bankrupt, or walking-wounded stocks in my portfolios. EMR's not a great value at current price, and it's not risk free either. (They announce surprising and really bad earnings, maybe the stock could do an EDS.) Perhaps it's just that I'd like to have more positions in solid, dominant companies that are widely followed, have reasonable growth prospects and might be selling at a reasonable price, while paying an okay and growing dividend. For me, Emerson fits. Paul Senior