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: Paul Senior who wrote (16375)	2/6/2003 8:38:52 PM
From: Wallace Rivers	Respond to of 78676

I've had good luck with CVS; DRD has negative earnings growth, which is obviously not good. CVS still is growing, albeit at a slower rate than the late 90s. DRD positioning (NYC) is IMHO a positive, certainly in buyout potential terms, which has been whirled around the stock. Do they own or rent their units, NYC land being a pretty valuable commodity? Another one which may interest some is TECD, which has gotten crushed, even more so in the after market. BV about 27, trading in the 18 range after market. There has been some discussion elsewhere that that is about liquidation value for this company, a wholesaler of computer products and peripherals. I said a scant week ago that maybe we're approaching an entry point for TECD, as it always comes back...glad I didn't act on my instincts.

To: Paul Senior who wrote (16375)	2/7/2003 2:38:44 PM
From: Wallace Rivers	Read Replies (1) \| Respond to of 78676

I have lower bids in on ALL and TECD. ALL is nearing a 52 W low, trades at about 10 PE, although I don't know how much weight PE should be given with insurers. Dividend was just raised to almost 3%. Any terrorist activity would undoubtedly hurt this sector, especially. TECD is a consummate fallen angel, a genuine falling knife touching a fresh 52 W low. I've heard estimates from analysts who are generally reliable that tangible book is just north of $21. Historically, buying the stock below tangible BV has been a very good entry point. Stock is trading just below $20.