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: Allen Furlan who wrote (7082)	5/10/1999 11:02:00 AM
From: Paul Senior	Respond to of 78465

Allen: re FDP. Thanks, I'll look at it a little closer. Fresh Del Monte is big in bananas, pineapples, grapes. Bananas are the key produce they are talking about now. Possibly FDP is one of those companies doing well (in "best financial shape in 8 years") while stock moves at lows. Paul.

To: Allen Furlan who wrote (7082)	5/10/1999 11:18:00 AM
From: Mike 2.0	Read Replies (2) \| Respond to of 78465

Allen, ever revisit Nash Finch?? Any developments re their busted SAP install? TIA

To: Allen Furlan who wrote (7082)	5/10/1999 2:09:00 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78465

Allen, another area which seems to be having its difficulty is 'agricultural chemicals', specifically fertilizers. These things are cyclical (very) of course, and I do not know the cycle. But we are seeing a rebound in basic chemical companies on one end and a sharp rebound in ag. equipment stocks on another end. So... perhaps fertilizer stocks might get pushed up too. Regardless, I've started today a small position in GRO, which is Mississippi Chemical. Here we have a small fertilizer co., selling at what I believe might be tangible book value and near its 5 year low, and at a relative low psr. The dividend is being maintained although the company is not currently profitable. There's a bit of insider buying now also. Negatives include- not knowing the extent or severity of the down cycle (and historically it can and has been severe),lots of competition, only a five year public history on the company, the unknown effect of its international exposure, and more. Paul Senior