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

To: Spekulatius who wrote (32931)	12/3/2008 1:21:15 PM
From: anializer	Read Replies (1) \| Respond to of 78661

I'll take a look at it. Just for information, my daughter in law was just laid off and that is her field, catalogs, advertising, internet adds etc. She tells me that there are absolutely no jobs to apply for while 6 months ago she could send resumes to over 30 companies.

To: Spekulatius who wrote (32931)	12/3/2008 6:11:23 PM
From: anializer	Read Replies (1) \| Respond to of 78661

When I look at the book value on yahoo, seems extremely misleading. A review of the 10Q indicates that sales are declining, and that book value is 2,399,818,000. However taking out intangible assets and goodwill I show a negative book value of over 750 mil. That coupled with a general cutback in Consumer spending is enough to keep me at bay. They have 5.500 people to pay each week, and huge growth in inventories are enough to scare me off an attempt here. That all said, its technically oversold very short term. If I owned it here, I'd use any oversold bounce to get out. I appreciate all ideas posted.