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: Al Sinopoli who wrote (2905)	1/1/1998 7:06:00 PM
From: James Clarke	Read Replies (1) \| Respond to of 78561

TOP THREE PICKS AOL? I'd love to hear a value argument on that. I don't think its totally ridiculous. I almost pulled the trigger last February near the bottom. Why now? Mine are St. Joe Corp (SJP), Public Storage (PSA) and US Can (USC). St. Joe - see my lengthy analysis a couple weeks ago. It trades at 90, I see it going to 130-150. Public Storage - a mini-warehouse REIT, the leader in the industry. Being penalized for short term start-up losses to start an innovative new product. It trades at 29, its assets are worth at least that with the new venture for free. Its worth 40. Downside risk is about 25. US Can - a chronic underperformer for good reason. The CEO is an idiot. The board is kicking him out, and the company is very likely to be taken over. Huge cash flow. It trades at 17, and a takeover would probably be at about 25. Even that would be a steal - I could argue for much more. Downside risk is probably 15.