SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Burry who started this subject6/16/2001 5:18:07 PM
From: MCsweet  Read Replies (1) of 78673
 
ISTN

My next recommendation is Interstate National Dealer Services (ISTN). ISTN designs, markets and administers service contracts and warranties for new and used motor vehicles and recreational vehicles.

See recent earnings statement. Current stock price $5.35. Cash of 16.13. Book value of 5.19. Current PE < 10 (exact calc depends on whether you include discontinued internet operation). Not a growth stock, maybe not the best management, but you are practically obtaining the future earnings stream for free.

MC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext