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Technical Olympic USA, In (TOUS) Message Board

  • buy_side buy_side Jan 27, 1999 11:30 PM Flag

    Look to Value Like FRTG - Don't Hope for

    ...Unless your very patient. I think NHCH is
    headed down from here. Take a look at FRTG, this home
    builder has a P/E below 3.5 and will be announcing record
    closings and revenue in less than six weeks. Stock has
    dropped significantly during last 3 months as a result of
    several original insiders liquidating their positions. Is
    there better value out there in this sector?

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    • Glad to see that I'm not the only dummy holding
      both of these
      turkeys :0)
      Check out Toll Bros
      (TOL) if you're looking for a great homebuilder....BUT,
      they too are not moving as I believe there
      is NO
      interest in homebuilders because of the fear and
      caution
      promoted by the investment media predicting looming
      higher
      interest rates. I view this time as a time to
      accumulate.
      Good luck