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Ampal-American Israel Corp. Message Board

  • Howie58 Howie58 Jun 16, 2000 11:23 AM Flag

    Da Cure. . . I agree

    I received AMPL's annual report yesterday and had
    the same feeling. One hopes that the brokerage
    community will begin to see it that way as well. Remember,
    however, that without earnings growth, the investment
    community may not care for a de facto closed-end fund.
    Berkshire-Hathaway's recent stock price is a good example--at one
    point recently it was selling at a discount to
    NAV--when the interest rate sensitive stocks began to
    stabilize--and earnings propsects looked less gloomy--the share
    price improved.

    But your thesis is correct--and
    the portfolio of businesses is impressive.

    Good luck to all longs!

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