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: Andrew who wrote (4049)	5/12/1998 11:22:00 AM
From: jeffbas	Read Replies (2) \| Respond to of 78517

It is funny you should ask. I have just finished compiling some data for the last five years. If you look at the average stock price during the year following a fiscal year, the discount to financial statement book value at the prior yearend has ranged from about 20% to about 40%. Therefore, the current discount of about 20% is high in the range. Also, there have been 5 insider sales of 28,000 shares over the last 1 1/2 years at an average price of about $6.00, and no buys. I like insiders on my side in these kinds of situations. However, I do think this was quite an interesting idea to look into.