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


To: Paul Senior who wrote (19100)4/16/2004 4:59:18 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78748
 
Paul Senior says: <ABIX>... there was no good reason for a value investor to buy this stock.

I disagree. If a company with consistent positive earnings and numerous years of over 15% ROE trading at 0.15 PSR (before jump) is not a value buy, I don't know what is. Maybe biotechs and other companies mentioned here that never had any income.

However, since I did not buy it, I will shut up from here.

Jurgis