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


To: Softechie who wrote (15711)10/31/2002 12:28:39 PM
From: Paul Senior  Respond to of 78701
 
Yes, I've started a very small position in OMG.

Sorry that I did. Every day brings new and disturbing revelations about the company or management.

I have got to wean myself off these value traps and upgrade the class of stocks I am buying!



To: Softechie who wrote (15711)10/31/2002 12:37:38 PM
From: E.J. Neitz Jr  Read Replies (2) | Respond to of 78701
 
OMG a value play? With $38.34/share in long term debt it is hardly a value stock. Just because a stock is down alot doesn't make a value stock. Start with an evaluation of a company's recent quarterly balance sheet. Just IMHO