Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: E_K_S who wrote (28687)	1/14/2008 3:05:57 PM
From: Paul Senior	Respond to of 78464

Fwiw, upped my few shares of [t]LPNT[/t] a little today. P/e, p/bk, p/sales seem to indicate a buy, assuming there's no adverse news forthcoming.

To: E_K_S who wrote (28687)	2/16/2008 12:34:50 PM
From: Paul Senior	Read Replies (3) \| Respond to of 78464

EKS: LPNT. I see the stock dropped on a poor earnings report. Somehow these hospitals have got to get better control over bad debt expense. Somehow, they will. (I hope.) The company has a positive, in that it's monopoly-like ("In almost every case, each of the 49 LifePoint hospitals located throughout the United States serves as the only acute-care facility in a community."), which is also its weakness. What can they do as the only "acute-care" provider, toss out emergency room patients because they don't have health insurance or money or credit cards? So, profit margins and roe continue to slip year over year. But at a forward p/e under 10, a p/bk of about .88, a psr of .52, the thing's an obvious buy to me. But of course, I believed same when stock was at higher price. -g- Anyway I added to my position a little yesterday.