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


To: E Newman who wrote (2926)1/5/1998 10:41:00 AM
From: jeffbas  Respond to of 78666
 
"It's (JWC) still undervalued at $11."

Maybe. The prices of Wall Street companies have cycles much like commodity companies. The stocks tend to peak in advance of market tops, fall as earnings and stock prices fall, and are the first to
hit bottom. I would only consider JWC if I were bullish on the market.