In addition, stocks have rallied strongly over the last year and are no longer cheap, said Scott Black, the president of Delphi Management.

Scott Black, president of Delphi Management, a deep-value investor with a little over $1 billion in assets, is a more recent convert to the stock.

"The market is not in the ionosphere any longer," said Scott Black, a value investor with Delphi Management in Boston.

In Boston, Scott Black, a money manager, said: "We can't find great values in this market, so we are only 81 percent invested."

Scott Black may refer to:

Scott Black, president of Delphi Management Inc. of Boston, has adopted a five-year horizon for investing in energy stocks.

Scott Black, a longtime value investor who runs Delphi Management, a $1.4 billion Boston investment firm, said value "was sort of a name for an underachiever."

According to Scott Black, the EPA has stated that the registration review process will take several years.

"I think the direction of the market is up," said Scott Black, president of Delphi Management, an investment firm in Boston.

"They systematically lagged in 1990," said Scott Black, president of Delphi Management, a Boston money management firm, which invests about $700 million.