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

To: Jurgis Bekepuris who wrote (27764)	8/15/2007 11:45:57 AM
From: Jurgis Bekepuris	Respond to of 78749

OK, so now I will turn around and ask: anyone has opinion about COF? This one is also trading around book value. Anyone knows its exposure to mortgages? Is it just being shot due to the debt market tightening? Seemed like a great company for quite a while, so I wonder if this is an opportunity to get it cheap. EDIT: With a deeper look, I think I will not go with this one either. If you subtract goodwill, it is not really trading at book value. And the leverage is quite huge, which again means that you would have to understand how well it is managed, since it could kill the company if it's not managed well.