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


To: Bill Zeman who wrote (5962)2/7/1999 5:09:00 AM
From: miklosh  Read Replies (1) | Respond to of 78462
 
Thanks Bill. I like FLC partly because any time I can purchase shares of a company for less than Soros or Buffet paid, I'm intrigued, and Soros is a large shareholder of FLC. Their debt concerns me, but on the other hand FLC has 150 million in cash, which is a lot more than some of their peers on a cash per dollar of market cap basis. Bye the way, my intended meaning for "TIA" in my last post was an acronym meaning thanks in advance, not "TELECOM ITAL A", although it would be ironic if in the next year, TIA outperformed FLC <G>.

regards