Value Investing Message Board

7/5/2006 4:25:13 PM

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KND: Decided I don't know enough about KND and its prospects. (KND being a stock mentioned as bought/sold by some here.) Sold my position at market open.

IGT. At 5x sales, 6x book, 24x analysts' forward p/e, the stock looks near fully-priced to me. Some analysts believe there's a new growth phase coming for slot makers (IGT being very dominant) in terms of more casinos (Asian market?) and/or more tech. innovations. Seems possible to me, but I've peeled off a few more shares today nevertheless.