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

To: anializer who wrote (33203)	1/4/2009 11:20:00 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78611

Thanks for the list, anializer. With these doggies, I'm in agreement with Madharry - I don't want to be in a rush to buy leveraged mediocre (or worse) companies. I've put your screen through my screen -- I'm going to ignore most anything that's not near its 12-mo low, that has high/debt equity, and that does not have appropriate (by my formula) returns given its stock price. Some of the stocks on the list I'm already suffering with (TNE, NM, OLP, more). I've found a new one that meets my criteria, and I've placed a small order at a little lower than current price. If it fills, I'll post it. One I might consider further is MOSY. Barron's this week reports the CEO bought 200K at $1.80-1.85. Yahoo shows a couple of other recent insider buys too. According to my read of Yahoo numbers, cash+cash equivalents + short term investments = $1.77/sh, with no debt. The stock closed at $2.10 on Friday. Company hasn't been profitable in past few years, and doesn't expect to show profits for '08 (maybe '09 too). Still...if I could get a few shares at cash value, I might consider a very small gamble.

To: anializer who wrote (33203)	1/5/2009 1:43:40 AM
From: Spekulatius	Respond to of 78611

Anializer - nice list that you have posted. I found a couple of interest that I am doing some DD on thanks a lot for posting.

To: anializer who wrote (33203)	1/9/2009 12:02:17 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78611

In for a few shares of [t]ESIO[/t]. We see tech/semiconductor demand down and people's interest in the sector very diminished. (as evidenced by Intel's news and stock performance) This business has been cyclical, and I'm hoping it still is. I don't know how much worse things can get for ESIO, but with the stock at under $7/sh. and cash (per SI) at $5.45 and no ltd,I've got to go with the downside to the stock having some limit -- maybe a point or two lower (assuming management doesn't spend the cash). si.advfn.com^ESIO If the cycle turns, and if I can hold on, then I would expect to see the stock once again trade at book value or higher. Book value (stated) is about $14/sh and ESIO has traded above book value every year in past ten. I figure the upside/downside risks strongly favor a bet. OTOH, it is a very small supplier company in a competitive arena about which I'm no expert. So a very few share bet for me now which I'm only willing to add a little more to if stock keeps dropping on no adverse news.