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: Paul Senior who wrote (5047)	9/24/1998 10:04:00 PM
From: Wright Sullivan	Read Replies (2) \| Respond to of 78476

Paul- I'm buying JOE, CNSO, MORP, and QUIP. MORP (Moore Products Co.) makes instrumentation and control systems for industry. We use their systems to control chemical plants and are very satisfied with them. Very low P/E, been around for years, well respected in industry, making good money, a good software company as much as anything. QUIP (Quipp) makes stacker machines for newspapers. My newspaper customers (the other half of my business) use them extensively. Popular opinion says that the internet will wipe out the newspaper industry by sometime next week. I see a lot of papers still undertaking tremendous capital projects so that they can add more color and strategically advertise to targeted audiences. This requires smarter inserting machines and stackers (Quipp). Quipp has around $8 cash per share, great earnings (which may slow a bit due to project cycles), and a $16 or so share price. Looks like a no-brainer, but then it has for over a year. I wrote something about CNSO, the tassel maker, a while back but nobody was interested. I like the company and the husband and wife accountants who are the owner/managers. Their earnings are improving and the market hasn't noticed. I also mentioned JOE recently here with no replies. Seems to me that their price is not far from that of a couple years ago, but their management has their act together. James called the rise and fall of JOE like a pro, but I don't see any reason that his original buy logic of a year ago shouldn't hold now, except that the recent fall has soured many investors on the stock. Smells like value to me. Regards, Wright

To: Paul Senior who wrote (5047)	9/25/1998 1:17:00 PM
From: Ploni	Respond to of 78476

Paul, I owned SCRA for a couple of months about 18 months ago, unfortunately selling it for a quick profit and missing the huge move up to 44. I've recently repurchased half of the position I had then, and think I should try to hold it long-term, to see if it returns to 44 someday, or surpasses it. (When I bought it the first time, the target was 30/share, which was obviously surpassed by almost 50%, before the huge correction). There's another stock that I think may be a good value, though I haven't yet bought any. That's KAMNA. I wish I had bought some at 13 a few weeks ago, though 15 3/4 doesn't look bad either. I think their earnings in the past year included extraordinary gains, so their P/E is probably really around 12. They have a 2.60% yield. It's surprising that there's a billion-dollar aircraft company that most people have never heard of. I think it's possible that it will eventually be bought out, as there has been so much consolidation in that industry.