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


To: Paul Senior who wrote (22279)10/18/2005 11:42:48 AM
From: E_K_S  Read Replies (2) | Respond to of 78526
 
Hi Paul - Took a small position in MRK to add to some of the other drug stocks I own. Sold a small position in HAL which I purchased several years ago (below 10) when they were having their asbestos problems. I had owned MRK almost a year ago but sold it around $30 when they announced their Vioxx drug problems. Hope this is the right time to scale back into a position.

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What's your value criteria on Price/Sales for a wholesaler/manufacturer? I am looking at Newell Rubbermaid since their CEO resigned recently. A new management team might get their sales growth back on track which could generate higher near term profits. P/S is 0.99 according to Yahoo Finance.

finance.yahoo.com

EKS