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


To: Wallace Rivers who wrote (21328)5/17/2005 4:16:02 PM
From: Paul Senior  Read Replies (1) | Respond to of 78470
 
Wallace Rivers, about AA> I'm betting the company will still see demand for its products, and energy cost issues (a big issue in aluminum production) will be managed. I added a few shares today to my losing position.

Forward p/e under 12 - if it were to be - would be relatively low. Current price/book (1.7) is under the average for any year in the past ten.

Apparently Mr. Market just does not see a good future ahead for this Dow component company.