Replies to post #477876 on Zeev's Turnips Patch-No Politics (ZEEV)

[Newly2b]

bfenton, I've played a lot of Dale's picks, too. He is very good with finding value stocks. I made good steady money on his little MSSN until it was bought out.

Newly

[Zeev Hed]

Interesting. Yahoo quotes a forward PE of around 12, any reason for that potential increase in the PE. $6 seems to be some major support here. Reentered the bu$$ here at $26.65. Followed minutes later by reesyablishment of first SNDK position at $54.60 and NTRI at $66.73. BRCM added at $33.65.

[Zeev Hed]

You got to look into the detail of these earnings, two quarters back they earned $.60, but that included a good $.55 or so of negative income tax. The PE, depending on what quarters you take, is more like 12 to 15. RWC lost $6 earlier today, if it does not regain it fast, it may be in troubles. I am not going to overstay my welcome in it since a sustained breach of $6 could rapidly lead to a retest of the next box bottom well under $5, $5.82 is probably the mettle testing barrier. It does not yet qualify as an "orphan value" stock, it is selling at more than 2.5 book and sales. Compare to HAUP selling at half yearly sales.