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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: sjemmeri who wrote (6744)	4/15/1999 12:45:00 AM
From: James Clarke	Respond to of 78602

>so far I have passed on three stocks I otherwise would have bought. Which 3? > I expected to be ridiculed for that statement and I may be yet. Your post made my day. Thanks. Its been a rough week. For the smile I got out of that post, I'll disclose in full. Journal Register (JRC) (at 12 - 13 and change is not too late IMHO), Anchor Gaming (SLOT) at 42 (Once again, not too late), and USEC (USU) at 13. USEC is one of the few stocks I held onto in my personal account, and the other two are two recent institutional buys. We've been through JRC (if it wasn't on this thread, it was on the Buffetology thread) and SLOT is way too complicated to get into unless somebody has specific questions, but I think it is a buy below 50. If you a reason to learn about SLOT, find the annual and look at the 10 year track record. Then look at the P/E ratio. Or even better, the price/free cash flow ratio. Then do two weeks of homework like I did and get back to me. I honestly don't know how to tell this story in a concise enough manner for this format. (My buy recommendation was 18 pages long - although once you get it, its not hard to understand - its just takes a while to get there.) This is a growth company at 8 times earnings. Management is among the most intelligent and aggressive I have ever met, and in two hours of trying, I could not shake their story. Though I warn you in advance, when you dig into SLOT, you are going to find some weird, weird stuff. JJC