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

To: Paul Senior who wrote (18842)	3/9/2004 11:29:31 AM
From: MCsweet	Respond to of 78519

MEOH, Paul I own MEOH. It had a secondary offering last year (one of its investors was getting out, and it even bought back shares in the offering), after which I thought it was a reasonable time to buy. It is somewhat adversely affected by high natural gas prices (increases production costs), so it partially hedges the oil and gas stocks that I own. Of course, lots of people are looking for pure long energy exposure, so thay may not want to invest in this one. However, even with high gas prices it seems to be doing ok. It has a low PE (after restructuring charges), low premium to book value, modest dividend, and potential growth prospects (although I don't count too much on the later). Regarding another pick, I have been selling some more PARL recently --- it has been a double or triple for me with no recent news. Unlike some others on the board, I don't feel comfortable holding too much of value stocks that become growth stocks. MC