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

To: muwis123 who wrote (22997)1/6/2006 1:29:08 PM
From: Paul Senior  Read Replies (2) | Respond to of 78751
 
EAS. muwis123, applying a multiple of 15 is too rich, imo.

Imo though, given it's a utility stock with a 5%+ dividend yield, with a dividend that seems to increase a little every year, and given current interest rates, and that the stock does look washed out (but it's looked worse), I'd say the stock is a buy for a "Mom" account.

I'll take a few shares at current price.

Like you, I hope we are not too late to the party.

finance.yahoo.com


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