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


To: Paul Senior who wrote (3891)4/22/1998 12:01:00 AM
From: A. Geiche  Read Replies (1) | Respond to of 78464
 
Re-post
SI, FIBR, 4/16/98
THE "WISDOM" OF THE "WISE"

Watching the ongoing slaughter of the mafia crims at ACRT, I am pondering over the "investing prudence"....

....Abandoned by law, even at the time of a wide national exposure, a handful of ACRT shareholders battled the internet mafia for months -- all alone. The most "prudent" investors walked away. Some were staying by, watching the brawl from the sidelines. Even when the mafia was losing the ground, even when it appeared to be positively defeated, they continued to watch.... calculating wisely the time to join and to get for sure their piece of pie....

Today, when the mafia slaughter has eventually began, they are carefully joining and think in vexation, "Damn... already +3 3/16....
Why I did not join before!...."
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It is shame if you are still unfamiliar with this classic battle with the internet mafia.



To: Paul Senior who wrote (3891)4/24/1998 1:46:00 PM
From: Paul Senior  Read Replies (2) | Respond to of 78464
 
FWIW: I am still buying value stocks I like: CCRO, OLS, TIMT, ICOC

Today I added to CCRO (just reported unexpected earnings loss and now near its lows again); Titanium Metals (will likely have record earnings this year, low pe, near its lows; Olsten (dropping again near its low with no reported news; ICOC (below book with a 4% div. (which actually is a return of capital)). I've bought these stocks before, have held them (not traded them), own them now, and am adding to my position today (OLS 2 days ago; ICOC few days before). These stocks - esp. OLS - have all been mentioned or discussed on this thread before. Paul Senior



To: Paul Senior who wrote (3891)5/2/1998 9:17:00 PM
From: rogermci®  Read Replies (1) | Respond to of 78464
 
Paul...I lurk on this thread from time to time. I see you took a position in RDO and I noticed in this weekends Barron's there has been considerable insider buying in the stock recently. Were you aware of this when you took your position?

Roger