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

To: Paul Senior who wrote (16209)	1/20/2003 5:15:16 PM
From: Investor2	Respond to of 78594

There's still a lot of uncertainty in the asbestos issue ... probably too much to make an educated, unemotional investment decision based on fact. RPM's recent restructuring and write-offs appear to be helping its profitability. That's a positive. You mentioned the $8/share price. I did buy some RPM at $8.875/share. It's tough for me to get excited about buying more at the current price. On the other hand, the 4.6% yield is making it hard for me to sell. I'm getting sick of seeing the <1% money market yields. And I'm already way overweighted in money markets/T-bills/cash equivalents. And then there's the President's plan to eliminate taxes on dividends. That would be very nice for a stock with a dividend of almost 5% and a record of regularly increasing dividends. So on one hand I see RPM's high yield, my low equity exposure, the recently completed restructuring program, and the potential new dividend tax plan. On the other hand I see the asbestos. That's just enough confusion to paralyze me! <gg> I haven't done anything with RPM recently. Sorry I can't be of more help. Best wishes, I2