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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: lostmymoney who wrote (2459)7/1/2003 10:22:17 AM
From: Joseph B. Schmidt  Respond to of 23958
 
lmm,
At 6.50, FAME (http://www.flamemaster.com) yields 1.9%, better than a money market fund, has $3.40 in cash and a p/e of 20, which, imo, is cheap, based on what I think the future holds. FAME also has stakes in other companies, the largest of which is PERF (around 540,000 shares) which is in the middle of a merger now (check out the PERF news from last month). I've seen both FAME and PERF at 19 and 21 dollars, respectively, back in the first quarter of 2000, just before the market tanked. Dig deep on FAME and you may see what I see. This is a core holding for me, one that requires patience; a solid company, imo.