From: "Elle" 
Newsgroups: misc.invest.financial-plan
Subject: Re: value stocks and turnover
Date: Mon, 6 Feb 2006 10:49:29 -0600
	iQBVAwUAQ+d+Gfl/I4+O31e5AQFJkgH/Tl3McT7r4T9U2CpDQSL4PzOBE9T/CVau
	r1ePt7ufX0QDa0WlfGFO1cDiKfVdQHkKXi+gZoHEi8Vs/Oql7qNVtA==
	=wPvr

"TB"  wrote
Elle wrote
>> Applying even the most rudimentary tenets of Graham screening 
>> overwhelmingly reduces the likelihood of a "distressed company" becoming 
>> a Graham stock pick. Also, his method puts a huge emphasis on dividend 
>> paying stocks.
>
> All I can say is, keep reading...it sounds like you've read a Graham book 
> which is a great start but the universe of what are considered value 
> stocks is broader than what you're describing.

You seem to have missed my qualifier, "Graham stock pick." Not "value stock 
pick." Graham's writings provide specific criteria which, if you actually 
study them, have a strong likelihood of never permitting distressed 
companies on the Graham radar. That's all I meant.