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

To: Spekulatius who wrote (50760)	2/2/2013 9:47:36 PM
From: E_K_S	Read Replies (1) \| Respond to of 78462

Clownbuck - You raise some very good points w/ those pension liabilities but the market really does not seem care about this liability (at least not yet). I need to work that into my initial scan when I am checking out these older companies. T made a one time pension charge to their just released earnings last week and the stock actually moved higher after their announcement. AT&T Will Take a Charge of $10 Billion for Pension Costs So does the market care? I know Verizon has the same issue. As a stock holder I do not really care as long as the company pays my dividend and it is even better when they increase it like LK. The also were buying back their stock so maybe rather than doing that, they applied those funds to future pension costs. So, I have to disagree w/ your assumption that "the market" cares about future pension liabilities. However as a value investor, it's important to me all other things equal. What's so bad about looking at "key" metrics comparing them and then assigning a scoring factor? Remember these are initial scans. It;s their relative performance I am interested in. That's not to say that the author maybe should have included these pension liabilities as another scoring factor. Grommit mentioned some other possible candidate stocks in this sector but those were smaller and in specific niche products/service. Also, those companies have no pension liabilities either. I am leaning to one or two of these smaller niche players but many do not pay a dividend and/or even sell at the low PE's than the ones reviewed in the Seeking-Alpha article. Therefore, if you know of any of these smaller companies that participate in this sector (ie software, drone development, smart missile software, etc) please post. I expect many of these companies will not fall into the "value" company classification but may still be good investments. EKS

To: Spekulatius who wrote (50760)	2/11/2013 1:50:33 PM
From: E_K_S	Read Replies (1) \| Respond to of 78462

Re: General Dynamics Corp. (GD) -NYSE It seems that both you and Warren Buffet likes GD. Buffet started a new position in GD and a pretty large one too. Warren Buffett currently owns 3,877,122 of GD stock, which is 0.34% of Berkshire's portfolio and 1.1% of the company. GD was mentioned as one of the companies Buffet might have on his radar screen: This article was posted March 11, 2013. 3 Reasons Why Warren Buffett May Buy General Dynamics Warren Buffett came out last week saying that he’s out in the bush hunting big game and has an “itchy finger” for the next acquisition. This isn’t much of a surprise in our opinion given that US economy is making a somewhat awkward yet potent economic recovery. He has also indicated that in his opinion the investment community lacks a consensus on how to value the market currently. Paralysis by over analysis sounds spectacular to us because that means there is an opportunity in the market. We think that if Buffett goes after any large acquisition he will “play it safe” by trying to take down a big player in the US economy that operates in a currently nondescript industry. ----------------------------------------------------------------- War Dividends: Buy Lockheed Martin And General Dynamics On The Recent Pullback February 7, 2013 \| 12 comments \| includes: GD, LMT So maybe GD present a better value than LMT. I have both on my watch list. EKS