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: Grommit who wrote (17409)	7/14/2003 2:48:29 PM
From: rjm2	Read Replies (1) \| Respond to of 78596

Speaking of apparel,my longterm underperformer SPOR has been performing well of late. With a book value of $8.28 and $2.49 of that in CASH and a recent Licensing Agreement With The Top-Flite, which was recently aquired by ELY. Makes me think that ELY might be interested in SPOR. (SPOR is $4.50 as i type) Certainly there would be some synergies. Anyone else follow SPOR ?

To: Grommit who wrote (17409)	7/14/2003 9:41:20 PM
From: Spekulatius	Read Replies (4) \| Respond to of 78596

Nestle - NSRGY I bought 1/2 position today. Per Nestle's website, earnings are 19.5 CHF/share at 275 ChF I get a PE of 14. However, when adjusted for the value of the 26% stake in L'Oreal (11 B Euro) the PE sinks to 12. This is a very low price for a high quality company like Nestle. ir.nestle.com I do notice that my consumer stock picks NSRGY and UL/UN have underperformed. Apparently topline revenue growth is lacking but my bet is that these stocks are just not attractive in the momentum driven stock market betting on a cyclical recovery. However based on my assumption of LT growth rates, both consumer good stocks are very attractively valued compared to the rest of the market.