Brand Name Values and Turnarounds 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 : Brand Name Values and Turnarounds

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (34)	1/6/1999 10:22:00 PM
From: Paul Senior	Read Replies (1) of 82

Sorry I sold GUC (68 today, up about 13). Passed on Z. Couldn't figure it comfortably. BUT, I added yesterday to JCP (Penney) as it comes close to its 12 mo low. (It's a dividend play for me, primarily) Also, today initiated a position in MIKE (Michaels Stores). Selling at about 18 (in a range of roughly 15 to 40 this year) and for 1.1x book value, pe about 14, year-over-year revenue growth (since '93 anyway) and in a niche market. I'm following Steve Romick of FPA fund into this one.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next