Ok, how about a value investing thread?
What we are looking for are value plays. Obscene value plays.
In the Graham tradition.
This week's Barron's lists a tech stock named Premenos, which
trades at 9 and has 5 1/2 bucks in cash. The business is
valued at 3 1/2, and it has a lot of potential. Interesting.
We want to stay away from the obscenely high PE's and look
at net working capital models, etc. Schooling in the art
of fundamental analysis is also appropriate here.
Good luck to all. Hope this thread survives.
Mike |
