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


To: Madharry who wrote (23265)2/2/2006 10:40:34 AM
From: Paul Senior  Read Replies (2) | Respond to of 78732
 
VELCF: Yes, stock's been mentioned here and Buffettolgy thread several times, esp. in '99 and '00. While VELCF seems to have a wonderful patent and franchise, it's been difficult (apparently and imo) to get great profits from them.

I've never been able to convince myself to make a purchase of the stock. Even an exploratory position. With the great benefit of looking back, it seems to me that the stock's sort of been a value trap.

Stock might be a great buy now though, I do not know.