Never pay more than 60% of the Intrinsic Value
Sell when company trades at 90% of Intrinsic Value
Share repurchase plan in effect (or high insider buying)
Debt-to-equity....no more man 40%
Quick Ratio at least 1 : 1
Beta: .60 +/-
Cash on hand equal to 90% liabilities
Try to pay no more than 10 X Earnings per share
Earnings yield 50% greater than long term bond yield
Price 2/3 of Net Current Assets
Price/Earnings Ration must be 75% of the S & P or less
Price to Book Ratio . . . less then 2.0
Earnings yield 2 X AAA Bond yield
Low price-to-cash flow . . . lower than the stock’s P/E