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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (4010)2/4/1998 4:18:00 PM
From: greg welch  Read Replies (2) | Respond to of 18928
 
Tom, and all readers,
What do you think of this, (from the Value Investing Forum):

>To: +Armin Sternberg (3133 )
> From: +James F. Hopkins
> Wednesday, Feb 4 1998 2:54PM >EST
> Reply # of 3134
>
> To ALL; Hotdigitydog, I have discoverd there is nothing to value
> plays, ( keep it simple stupid ) all you have to do is scan
> for under $5 stocks, selling for less than book value, AND pick
> ones with the most cash on hand. Last week I found 5 selling
> for less than the cash they had ! As a grope they have gone up
> 10% more than any sector, only one lost a 1/4 point.
> Do your own home work, I don't want to hype them, as I didn't
> buy them all yet, and I am hoping for a little down tick
> today. Stocks selling not only below book, but below cash
> show up out there if you look for them, but very few last long
> that way.
> Jim

Sure makes one wonder...

thanks,
Greg Welch



To: OldAIMGuy who wrote (4010)2/5/1998 3:21:00 AM
From: Bruce A. Bowman  Read Replies (1) | Respond to of 18928
 
Very good, Tom! :-) Now I understand!!

Btw, one of the "small caps" you guys are in called BSX is really ripping along these days. Good call you two...

Bruce