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20 Questions With Value Investor Clyde Milton

Geoff Gannon submits: Clyde Milton became enamored with deep value, off the beaten path investment ideas through years of fundamental research, and ultimately, as a writer/editor for a now defunct personal finance magazine.

He strives to research stocks that few others will, using valuation techniques based on Ben Graham's ideas (such as stocks trading below their net current asset value) as well as some ideas he has developed himself.

Milton freely admits that his site is written under a pseudonym; Clyde and Milton being the first names of his beloved grandfathers, to whom the site is dedicated. While Cheap Stocks was originally launched primarily to keep Milton's research and writing skills sharp (and not as a public site) it has developed a following.

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Bright Now Dental Opens Offices in Anaheim, California

ANAHEIM, Calif.-(Business Wire)-April 3, 2007 - As part of the effort to expand its Southern California presence, BN!D Services, Inc., the nation's leading provider of business support services to dentists, today announced the grand opening of two new Bright Now! Dental offices in Anaheim. These new locations follow the opening of two Bright Now! Dental Network offices in February, located in La Quinta and Hesperia, and demonstrates the company's commitment to making quality, affordable dentistry available within Southern California and the United States.

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Farmers call for quick action on disaster aid bill

Area farmers who experienced crop losses in 2005 say they and their neighbors need federal disaster aid immediately to stay in business.

Having waited two years is long enough, said Larry Neubauer of Bottineau. We cant wait any longer. We must get compensation to cover some of those losses that we incurred in 2005. We are at a very critical time period here because we are under scrutiny from our lenders to have our budgets in place. Its very, very difficult. We are finding lots of people in my area that are having trouble with their lending. They are behind. They should have had their lines of credit put in place already.

Neubauer spoke in support of a federal disaster bill at a news conference with U.S. Sen. Kent Conrad, D-N.D., Wednesday at Bourgault Industries in Minot.


Consumers want solutions to rising health costs

At 27, Michelle Carter pays $430 a month for health insurance and up to $150 a month in prescription co-payments. But she considers herself fortunate. She was diagnosed with rheumatoid arthritis at 18, and without insurance, her medications alone would cost more than $2,000 a month.

Nathalie Stephens and her husband went into debt after their 11-month-old daughter was diagnosed with a rare childhood cancer. Now, they pay 10 percent of their income for a health plan that doesn't include the physical therapy. Stephens has managed to negotiate the price for the sessions, which her daughter, now 17, needs to repair lingering damage from having aggressive radiation therapy when she was 18 months old.

"We went through a really difficult time financially and otherwise with her, and we continue to struggle to pay medical expenses, but we're grateful that she's on her feet and she's well, and we're grateful that we continue to have insurance," said Stephens, who lives in Carmel.


Lounge still hopping even after fire

LOS ANGELES — They still come to hang out, catch up and wind down on a barren concrete slab in remote South Texas.

With a population of seven, this Los Angeles may be 550,000 times smaller than the one you've heard of, but for nearly four decades it's been a social and entertainment hub of the South Texas brush country between San Antonio and Laredo.

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Greener finances are taking root

The Budget was modestly eco-friendly. But if you want to do more to save the planet, several banks and insurers are offering a 'green' way forward. Emma Simon reports

Last week's Budget aimed to reward consumers who go green - at least up to a point.

Drivers of eco-friendly cars can look forward to a 30 per cent cut in fuel tax. But motorists who drive so-called "gas guzzlers" will see their road tax almost double, to £400 by April next year.

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Music Alive! Presents the fourth season's finale concert titled ...

The Sierra College Foundation presents Chamber Music Alive! in the third and final concert of the season, on April 14 and 15, 2007. Titled "Genius Time," this concert includes Mozart's great masterwork, Duo for Violin and Viola in G, and the sublime Quintet for Strings in C Major by Schubert. The latter, considered by some as the most beautiful and moving of all chamber works, will feature several great performers including the returning French cellist Jean Michel Fonteneau, his wife, the accomplished cellist Dana Putnam Fonteneau and famed violist, Helen Callus. "We are so excited to have Helen join us," said Dominitz. "She is one of the finest violists in the world and is the first woman to be elected president of the American Viola Society. Helen will also perform a rarely heard work by Robert Schumann." Now finishing its fourth season, Chamber Music Alive!, is underwritten by the Sierra College Foundation, Fidelity Investments and other individual and corporate donors.


Private health care failing us

Although today is Easter, I'm off to work at my job as a licensed health care provider for the state of California. Hospitals and long-term care health facilities never close. Cops, firefighters, doctors and nurses fill positions to maintain operations 24/7, 365 days of the year.As the population has increased, Temecula officials have invested in additional emergency service personnel, equipment and technology to provide the best protection for city residents. All those remarkable efforts toward public safety come to an abrupt halt where public service meets privatized health care.

One reason I chose a career in civil service some 30 years ago was a benefits package that includes health insurance. I'm very fortunate to be able to see my doctor for checkups and have prescriptions filled for a nominal co-payment, but when it comes to care in a local emergency room, I'm playing the waiting game along with everybody else.


New study in Illinois malpractice debate

An umbrella activist group calling for insurance reform released a study Wednesday in an attempt to refute the claim that out-of-control litigation prompted medical malpractice insurance rates to skyrocket in recent years.

Americans for Insurance Reform says annual insurance industry numbers show that the amount of money paid for medical malpractice settlements, verdicts and legal defense has remained relatively flat for almost two decades, when adjusted for inflation and accounting for the growing number of doctors nationally.

According to the study — which based its findings on information from A.M. Best & Co., an insurance industry analyst firm — the total amount of money paid was almost $4.9 billion in 2005 nationally. The study calculated that to be a payout of $5,400 dollars per doctor, the lowest since 1981 when adjusted for inflation.


Dog survives gunshot to face death

GALESBURG - The Galesburg Police Department has begun proceedings to have a dog that survived a gunshot to the head last week declared vicious under the city's ordinances.

While the family of the dog's owner has raised questions about the shooting, Galesburg Police Capt. Lindsey May said the dog's actions and not officer Bryan Anderson's are the issue.

"We have a review process for (the use of force) and we found that there was no problem with the shooting," May said. A letter has been sent to Prairieland Animal Welfare Center from the police department and the city attorney will work in conjunction with the center on the case.

Under the city's ordinance, there are two ways in which this kind of case proceed. An animal may be ruled to be "dangerous," wherein an owner must register the dog, take on $100,000 of insurance and it must be permanently identified with a microchip.


Abreu, A-Rod lead Yankees

Bobby Abreu drove in four runs, Alex Rodriguez homered for the third straight game, and the Yankees beat the Twins, 8-2, last night.

Abreu went 3-for-5 with a two-run homer, Jorge Posada hit a two-run double, and Derek Jeter had three hits and scored two runs. Johnny Damon had two hits in his first start in a week due to a calf strain.

Perhaps the most promising performance, however, came from Carl Pavano (1-0), who gave up six hits and two runs in seven efficient innings. He struck out two without a walk over 79 pitches to get his first win since May 22, 2005.

Trying to revive his derailed career this year as Minnesota's fifth starter, Ponson (0-1) hadn't pitched since March 31, the last day of spring training. He gave up 10 hits and eight runs in 5 2/3 innings.

Five of the runs Ponson allowed came with two outs, and he threw well in stretches.


Canadian-educated physicians need to practice in Canada, not the US

Health is a unity and harmony within the mind, body and spirit which is unique to each person, and is as defined by that person. The level of wellness or health is, in part, determined by the ability to deal with and defend against stress. Health is determined by physiological, psychological, socio-cultural, spiritual, and developmental stage variables. .



 

 

 

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