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

To: kahunabear who wrote (4836)	8/28/1998 12:02:00 AM
From: Scott Mc	Respond to of 78595

Can you call this a "Net Net Net Stock" :) Sorry, couldn't resist it.

To: kahunabear who wrote (4836)	9/6/1998 5:37:00 PM
From: Paul Senior	Read Replies (3) \| Respond to of 78595

WS: thanks for mentioning your net-net. Dr. Graham has said to invest a number of them. But IMO, it is SO difficult. Hard anyway for me to get up the energy to start buying them when they show up; hard to maintain a position in them for the time required to see a profit. Not only that, Dr. Graham doesn't ever (that I recall) write that these are greatly profitable (only that they have a great margin of safety and an adequate (my word) return). On this thread, apparently some of the guys have gone to a censoring approach wherein the net-net must now be 'decent' before an investing commitment is made. In any case, I'll add your co. to my watch list. There was one other net-net somebody posted here recently (a Y2K Co, I think) but I can't find it in checking back twice over the last 75 posts. Anybody have the post number for it? I'll start a net-net log; then we can see how these stocks are actually fairing over time. Paul Senior