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


To: Paul Senior who wrote (5872)1/26/1999 1:48:00 AM
From: James Clarke  Read Replies (1) | Respond to of 78476
 
Heads up from the Buffett thread on Ralston Purina (RAL)

Missed earnings today and dropped 2 points. This one was very interesting even before the drop. In my opinion this is a Buffett-type business (at least the pet food side). There are rumors of a spinoff of the battery business and there is some other interesting stuff on the balance sheet if you take a good look (I don't know if they still have the DuPont shares, but there was also a big holding in Interstate Bakeries last I checked.)

I'll try to piece it together tomorrow. Gotta get some sleep. Case has an 8AM conference call tomorrow - they think investors should wake up the same time as farmers. :(

JJC