Long-Term Value Investing, December, 1999

LONG-TERM VALUE INVESTING by LARRY


	Already recommended earlier, Armstrong World Ind., Inc. (ACK), recent price $30, continues to look attractive. "Value Line" considers it a relatively low risk asset with high 3-5 year total return potential. It has a price to earnings ratio of 4.8 and an estimated dividend yield of 6 ½%. It is projected to provide a 3-5 year total return of 215-335%, based on a $30 per share purchase price.


	DISCLAIMER Larry is not a professional. Don't take him seriously! Actually, the investment article provided here is for general information only and should not be considered as professional advice, a solicitation to buy or sell any security, or the Word of God. Investors are encouraged to do their own research while considering their personal goals and circumstances, or consult their own professional financial advisors, before making investment decisions. Neither Larry nor LARVALBUG will be liable for any losses sustained by any visitor to this site.