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: Count de Monie who wrote (4270)	6/15/1998 8:41:00 AM
From: Reginald Middleton	Respond to of 78753

<Although I want to keep a stock for three years, a better valued stock always comes along and tempt me. The only time I am happy with buying value stocks occurs during corrections.> Value, at least in economic terms, is best viewed as the future potential for additional market gains a stock has, and not necessarily how cheap it is relative to the past. Often, there is a very good reason why someone is willing to sell you a stock at a bargian basement price. For instance, MSFT - pre win 95 was not considered a value play by many. Consider the validity of that view point with the benefit of hindsight. MSFT had considerable value when taking into effect its uncontested postions in 32 bit OSs, productivity software and network effects. Remember, look for price as a function of potential appreciation/return and not price alone. RCM rcmfinancial.com