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 (17436)	7/23/2003 10:58:31 PM
From: Grommit	Respond to of 78525

Paul -- ramblings... you've been the anchor of this thread. thanks for all the work and great postings. good to see your posting mentioning all the winners posted on the thread. of course we're happy to see our winners recognized and we're miffed that we missed out on so many others. OTOH, we cannot catch everything -- if our portfolio has a success rate (whatever that is) of 70%, and our reject portfolio (the ones which were contenders, but we rejected) has a success rate of 50%, then that would probably be a fine record of beating the averages. Just a thought - probably unmeasurable and not worth the effort anyway. thanks, grommit

To: Paul Senior who wrote (17436)	7/23/2003 11:30:13 PM
From: Marc Fortier	Respond to of 78525

Paul, I see that you mentioned DCI. It's been a great pick for me. Not sure that I convinced someone else on this board to buy a few shares however. The stock was not a true Graham pick. I'd say that the best time to buy was in 1998, right in the middle of the Asian Crisis. You could pick it for $14 if my memory is good. Of course there were many good opportunities in those tumultuous weeks...

To: Paul Senior who wrote (17436)	7/24/2003 3:59:52 AM
From: TimbaBear	Read Replies (1) \| Respond to of 78525

Hi Paul KPP (Kaneb pipeline). Doesn't show up on a Value Thread sort but should. Somebody recommended it when it was about to be split out of Kaneb. I argued I couldn't see it. (Boy, bad eyesight cost me!) I bought the old KAB before it split into KSL and XNR because it looked like a great unlocking of value to me. Still own both. Don't know if that's what you're remembering or not. TimbaBear

To: Paul Senior who wrote (17436)	7/24/2003 8:19:20 AM
From: MCsweet	Respond to of 78525

Kaneb Pipeline (KPP) As a word of warning to those who might be interested in KPP, it is a Master Limited Partnership whose ownership requires the filing of K-1 tax forms. That being said, MLPs are offering attractive yields (with a smidgin of growth) relative to other asset classes. However, whenever an MLP price goes up the MLP usually does a secondary offering that temporarily depresses the stock price. I figure the huge number of secondary offering is why these companies get so much analyst coverage ;) MC