SI
SI
discoversearch

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 (19035)4/5/2004 11:21:56 AM
From: Brendan W  Respond to of 78670
 
hi, paul...
Some transactions for me at the open today. I doubled up on ConocoPhilipps today... 2004 PE is under 11. Also, added to Valero... 2004 PE is under 9.

Completely bailed on Safeway... I'll look at it again if the forward PE drops to single digits. My biggest loser ever.

I added to Microsoft again today.

Warning on United Utilities... yahoo's earnings estimates have a five year forward earnings growth rate of negative 5%. I have no idea what this is based on. If I believed it, I would not invest at these levels. I expect flattish growth (which oddly the 2005 estimate predicts).

stocks discussed:
finance.yahoo.com