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

To: blankmind who wrote (20373)	12/30/2004 10:10:51 AM
From: Paul Senior	Read Replies (2) \| Respond to of 78476

Blankmind, I'll take a few shares of CSBK at current price. Fwiw, NABC, recently mentioned and purchased by me as a bank stock trading a little above book value, has moved to the NYSE and changed trading symbol to NAL. Stock has moved up somewhat (14.25 to 15.41), and I continue to hold. (Media pundits apparently like CEO's management skills.) Anyway, the dink upward move in this stock gives me some hope for CSBK. Regarding, "I've found it nearly impossible to lose money on stocks that are profitable and trading below book value": It's that "nearly" that's the killer. !!! At least in my experience.