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


To: Jurgis Bekepuris who wrote (5061)9/25/1998 5:36:00 PM
From: dj8000  Read Replies (1) | Respond to of 78487
 
Hi Thread:
The following are some under valued stocks I am interested:

VTS: oil related. Very low P/E (6) and I think Oil price is bottomed and VTS is a find company.

Cien: crashed because of the failed merge. But the stock itself worth 20+ even without take over rumor.

DSP: seems to be very undervalued to me and telecommunication field is the one that will expand very quickly.

Thanks for any comment.

DJ



To: Jurgis Bekepuris who wrote (5061)9/25/1998 7:02:00 PM
From: James Clarke  Respond to of 78487
 
I sold it at 8 two months after I bought it, because it had done everything I wanted it to do, and I have learned not to get greedy with these things. If I get 30% on a net-net in two months, I'm gone. I wanted to buy it back at my original entry price before the third quarter earnings report, but I guess I forgot they have a weird fiscal year and I thought I had more time. The report was good, but had a subtle warning for the fourth quarter. And remember, the guys who top-ticked this one at 8 last quarter are going to be more cautious this quarter. And need I remind you, we have a slightly different market environment than we did when I recommended this. If I could have bought New Holland at 9 1/2 then, I wouldn't have been messing around with PSO.

Jim



To: Jurgis Bekepuris who wrote (5061)9/28/1998 9:57:00 AM
From: James Clarke  Read Replies (1) | Respond to of 78487
 
I'm back in PSO at about 6 7/8. I was stupid not to have noted the date for the earnings release and bought two days before. Two straight quarters of strong sales growth in addition to the net-net value story we developed on this thread back in June.