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


To: Paul Senior who wrote (16538)3/6/2003 3:23:54 PM
From: Steve168  Respond to of 78673
 
Paul, thank you for your post.

I am in software industry and know TIBX for couple years. Bought and sold in the past. My latest re-entry to TIBX is due to price movement - down nearly half in two month, plus it is close to cash value. I always try to buy stock at maximum uncertainty and worst news, I often buy them too early (which was painful). I just entered my first long position in TIBX, and will buy more at lower prices. TIBX is having a tough time here with the Reuters issue, but once it is resolved one way or the other, it should go to normal valuation around 5-7.

ATS is definitely a good value pick. Not sure about its growth potential (definitely less than SINA when it was at 1.5), but cash alone justify the buy. I will probably buy some soon, on a bad market day.

Thanks,

Steve