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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Brad Bolen who wrote (20199)	2/17/1999 8:50:00 PM
From: Bonnie Bear	Read Replies (1) \| Respond to of 86076

I kinda think the big companies are running scared. I've heard that there's almost complete absence of retail interest in value stocks...pensions won't buy small-company stocks and the average retail investor does not know that PA, for instance, is a better stock than seek. Never mind that pimco is sitting on the world's biggest pension bond funds and gives you 7% for holding the stock...people will buy seek first because it went up. so until that changes, some of the values will stay in the basement. I have lots of patience and a very long time horizon, so it's not a bad time to nibble around the edges of 25-year lows in a lot of industries. I'd feel better about letting them sit permabear than to look back in 25 years and kick myself for passing up a 25-year low. especially when the stuff is below book value and offering dividends higher than a money-market.