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

To: SI Bob who wrote (32912)	12/1/2008 4:55:49 PM
From: Paul Senior	Respond to of 78457

Whether F or GM stock goes worthless or not, I do not know. I suspect worthless. I'm hoping and betting some suppliers will pull through and the publicly-traded auto retailers too. In any case, given the current stock market and my situation in it, no '09 Corvette purchase for me this year. :>(

To: SI Bob who wrote (32912)	12/2/2008 5:31:22 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78457

Just got mail confirm that a GTC order to add to a few LLY was filled yesterday. P/e estimate for '09 is below 10x, dividend yield is over 5%. Stock recently at 28-31 hasn't been so low in ten years. Supposedly it's all about drug pipelines and patent expirations. I don't know much about that regarding Lilly. I assume with their large research staff and recent acquisition (ImClone), they are trying very hard to keep their drugs and sales&profits flowing. Meanwhile, I'll limit my risk by limiting my LLY position size to a few shares. si.advfn.com^LLY