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 : Buffettology -- Ignore unavailable to you. Want to Upgrade?

To: Crocodile who wrote (470)	10/22/1998 2:30:00 AM
From: Shane M	Read Replies (1) \| Respond to of 4690

Croc, Do you think RAL should be a buy at current levels ($31) or should we hold out for lower values. When I run the number it seems that RAL is considerably undervalued at current levels, and think it could justify much higher prices. (I could see it trading in the 50 range given the same outlook that exists today). Luckily (or unfortunately?) I've lost enough money in the market recently to remind myself that alot of these bargains I've been seeing are actually cheap for a reason. As a result I'm more cautious than earlier in the year. How much would you pay for RAL? Shane