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

To: Andrew who wrote (4071)	5/13/1998 1:50:00 PM
From: Terrapin	Respond to of 78523

I think that's a good point. Based on the balance sheet the company appears to have a margin of safety which Jim Clark outlined for us. But since there does not appear to be a catalyst (unless this thread counts - which it might!) then a cautious investor might wait for the shareprice to return to the low end of its trading range. Of course the dividend and basic value of this stock make holding it much easier. And since people are still going to need shoes during a bear market then this one has good potential for a bear-friendly portfolio. Thanks to all for a truly excellent discussion, John