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Dear Mark,
I do not have a crystal ball but companies with such low current PE's and
forward PE's are few and far between. With over $1 Billion in cash and
more on the way, whose to say what has been discounted. At the current
prices, I fail to see a "terrorism premium"...whatever and however you
calculate that.
BER faces no impediments to raise rates in many of its markets so ongoing
growth seems likely.
I appreciate your speculative comments but respectfully disagree. If it
reacts to a downgrade with no reasons quoted, whose to say how it will
react to a revenue and income per share increase. The market consists of
people who do not even know of this company and will see results that will
put it on their radar.
The market has allegedly discounted many other factors and continues to go
up...at least for now.
Sincerely,
John
> I think the market has already discounted that event.
> P&C Insurance sector has had quite a run-up recently....and the stocks
> reflect a terrorism premium that may not be justified.
>
>
>> -----Original Message-----
>> From: jvc689@xxxxxxx [mailto:jvc689@xxxxxxx]
>> Sent: Sunday, October 12, 2003 10:01 PM
>> To: realtraders@xxxxxxxxxxxxxxx
>> Cc: clydelee@xxxxxxxxxx; MedianLine@xxxxxxxxxxxxxxx
>> Subject: [RT] BER
>>
>>
>> As an aside, earings for the 3rd quarter are expected to be stellar
>> and will be released Oct 27, 2003.
>>
>> Sure is in tune with Mr Swing Machine.
>>
>> Sincerely,
>>
>> John
>>
>> > According to the SwingMachine analysis I'd say a bit of a wait is in
>> order.
>> >
>> >
>> > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>> > Clyde Lee Chairman/CEO (Home of SwingMachine)
>> > SYTECH Corporation email: clydelee@xxxxxxxxxxxx
>> > 7910 Westglen, Suite 105 Office: (713) 783-9540
>> > Houston, TX 77063 Fax: (713) 783-1092
>> > Details at: www.theswingmachine.com
>> > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>> >
>> > ----- Original Message -----
>> > From: <jvc689@xxxxxxx>
>> > To: <MedianLine@xxxxxxxxxxxxxxx>
>> > Cc: <Realtraders@xxxxxxxxxxxxxxx>
>> > Sent: Sunday, October 12, 2003 6:58 PM
>> > Subject: [MedianLine] BER
>> >
>> >
>> >>
>> >> I think BER is a class stock based on fundamentals and forward
>> earning prospects. It has had a fall from grace with a Morgan
>> Stanley downgrade...no reason noted...plus a shelf registration.
>> >>
>> >> When I do my TA angle thingy on it, it screams raging buy at these
>> fallout levels of $34.75.
>> >>
>> >> Would one of you more sophisticated TA/Pitchfork/MedianLine folks
>> let me see how you view it strictly on your TA analysis.
>> >>
>> >> Appreciate any optical/visuals.
>> >>
>> >> Sincerely,
>> >>
>> >> John
>> >>
>> >>
>> >>
>> >>
>> >> To unsubscribe from this group, send an email to:
>> >> MedianLine-unsubscribe@xxxxxxxxxxxxxxx
>> >>
>> >>
>> >>
>> >> Your use of Yahoo! Groups is subject to
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>> >>
>> >>
>> >
>> >
>> > To unsubscribe from this group, send an email to:
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>> >
>> >
>> >
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>>
>>
>>
>>
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>>
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>>
>
>
>
>
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>
>
>
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