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


To: Paul Senior who wrote (20959)3/25/2005 12:59:07 AM
From: Paul Senior  Read Replies (1) | Respond to of 78748
 
Meanwhile, in my real world, I did buy some stock --- added a few shares to my JPM position today.

Miserable dog company, but maybe James Dimon, now Pres. and COO (by way of BankOne) might stem the abuses (I'm skeptical) or at least get the company to show some dynamism.

At current price, stock is attractive to me on relative dividend yield and by relative p/bk ratio. Forward p/e would be attractive if we knew more about how high interest rates are going and how or if JPM might be affected. Jmo.

Been in JPM before. It was a long, boring hold before I sold. I suspect similar this time.

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