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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (3719)	10/10/1998 9:16:00 AM
From: Leo Francis	Read Replies (1) \| Respond to of 4969

Steve, thanks for the reply. But did I mention that LEIX earned .16 per share last Q? Also, aren't we investors and traders trying to find undiscovered and undervalued stocks, i.e. LEIX, in addition to trend investing.? FYI, I have three portfolios. One core investment account, which is basically buy and forget. One small to mid cap mutual fund (PBHGX..ouch as of late, but still good over the last 5 years), and a trading account, which is just that. Asset allocation is 50%, 30% and 20% respectively. LEIX fits nicely in my trading account. Investing is risk/reward management as you know, and stocks like LEIX IMO, deserve some attention, and possibly belong in one's overall strategy. Book value of LEIX is about $3 or current market price. I have searched and have been unable to find a 100 million company with a market cap of 1/10 revenues. I agree, that the sales/price ratio is attractive, but disagree with your risk scenario, as I think the reward/risk sittuation is not all bad at these levels. Also, does your firm offer currency trading? If so, what kind of margin options are available? Thanks, Good Trading, LF