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

To: James Clarke who wrote (6289)	3/13/1999 5:36:00 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78599

Jim,et.al.: Ah hah and ah so. Let's grab a Jenny Cream Ale and talk. Because of GENBB, I now know why I'm so reluctant to invest in CSE, NH, and those other ag. stocks. In my mind -- these stocks are perpetually undervalued. Genessee Beer--- it's like a rite of passage for value investors. That's my zen enlightment, struck-by-lightning thought. A person just cannot call himself/herself a value investor unless he or she at some point comes across and considers investing in GENBB. That stock has been in the undervalued class for 25 years at least. A person cannot not know about it and call himself/herself a dedicated a value investor -gg--. But of course, that's just the one side of it. At some points in those past decades -- it did go up. So people did make money by buying low. Same with ag. stocks. But I don't know of any enthusiastic and happy campers with that beer stock, or anybody who made good money in ag stocks either. Still, maybe they'll all work out okay. I just think they entrap more value investors than they benefit. That would be my opinion. Paul