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.
Non-Tech : Abercrombie and Fitch
ANF 128.83+3.6%Jan 6 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E.J. Neitz Jr who wrote (293)4/21/2000 5:22:00 PM
From: David   of 335
 
Ed:

I also am falling victim to the retail sector drawn in by low prices.

Bought ANF recently and intend to buy more on Monday.

Another company that may tempt your value investing interests is Elder Beerman (EBSC). The company trades at less than net cash assets and, like Bon-Ton, is a regional department store chain (8th or 9th largest in the country). I bought because the company appears to be extremely undervalued and there are several large shareholders that may attempt to out the value by voting out current management or encouraging a buyout. Read the SC 13D/A's that were filed by PPM and Snyder and you will see that these shareholder groups are exerting pressure on current management to do something to elevate the depressed stock price. Also, EBSC dropped off below $5.00/sh yesterday presenting a good buying opportunity.

On the topic of ANF, it seems like the company has a proven track record of growing sales and earnings over the past ten years at a sizeable pace without incurring debt or relying on the equity markets. Internal growth such as has been demonstrated here, I would think, is very uncommon. Furthermore, it appears that you can buy ANF today at a price that fails to take into account very little if any future growth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News