Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who wrote (9982)	2/18/2000 3:27:00 PM
From: Bob Rudd	of 78670

ANF Started with modest position. Revised estimates have it earning around 1.74 '00 and growing 20% [managements growth estimate is 30%] Analysts are flailing at this for not warning previously of some softening of comps. A 20% grower earning 1.74 selling at 20x => $35 Would still be 20% discount to a market growing earnings at about half that rate. I don't expect $35 [not that fortunate] but it appears doable and affords some margin of safety going in @15. I haven't dug deeply into this and may reverse course if I see some ugliness when I do. Note the Motley Fool article Also SSB had good coverage [though analyst is clearly PO'd] and they offer free trials The APPAREL group quote.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next