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

To: Paul Senior who wrote (20820)	3/9/2005 11:49:34 AM
From: Carl Worth	Read Replies (1) \| Respond to of 78659

SU is suncor, i know because i am short puts on it <g> don't sell the wrong stock by mistake

To: Paul Senior who wrote (20820)	3/9/2005 3:19:21 PM
From: E_K_S	Respond to of 78659

Hi Paul - Yes another new low for GM. I bought a few more shares to add to my small position. I am betting that in the long run that GM w/ their China venture will pay dividends when they start selling cars & trucks manufactured in China. I am told that the Chinese like our "Monster Trucks". Also, it's possible that GM will move more of their North America production capacity into Canada as the health care benefits and costs are much less in Canada than in the U.S.. There are still significant problems for GM that lie ahead and things could get much worse before they get better. I also picked up some Comcast to start a small position. This is not a "value" stock but Warren Buffet a value investor did establish a large position earlier this year. Perhaps he sees something in the value of these assets and the free flow cash flows. However, earnings are small and the PE is very high. Finally, ABS may break $20 soon and I will wait to pick up some more shares of the preferred when the common trades sub $20. The only other value offering I am looking at are the five year "TIPs" Treasury Inflation Protected bonds which come up for auction in April. This is a re-offering and the first time the five year TIPs are made available this year through Treasury Direct. The value play is that you can buy them through Treasury Direct w/ no transaction fee. ========================================================== Do you continue to hold your home building stocks? At what point do you peel off some shares to book some of your profits? EKS