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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: James Clarke who wrote (16302)	1/28/2003 11:31:34 PM
From: Paul Senior	Respond to of 78998

Jim Clarke, re: DOV. Sorry I missed lows of the day. I'll likely purchase a starting position at current price though, now that the stock has come down on disappointing earnings. Regarding their history of free cash flow and how they are managed, I get a flavor of that from how they describe themselves: dovercorporation.com I go expecting to first find a list of their owned companies or how they categorize their many acquisitions. That's mentioned very briefly, but I'm struck by how it seems they so strongly (paragraph 4) consider their bottom line performance: "A high-value, long term investment: ROE consistently close to 20 percent; cash flow about five percent of sales; and CAAGR near 15 percent since 1995." Not too many companies bring such measures up when you go to their "about our company" page (imo anyway) Thanks for your opinion on DOV. It's helpful to me. Paul Senior