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


To: Paul Senior who wrote (17503)8/2/2003 12:30:58 PM
From: Spekulatius  Read Replies (1) | Respond to of 78478
 
NHY is not expensive based on PE and such but it does deserve a discount because its return on assets traditionally is lower than for other oil companies, IMO.



To: Paul Senior who wrote (17503)8/2/2003 12:47:26 PM
From: Spekulatius  Respond to of 78478
 
The market does not like stalwarts like NSRGY, UL, JNJ, NVS right now. The money is flowing into tech's, microcaps, biotechs where one can do 10% a day. It looks a little like late 1999/2000 to me.