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: James Clarke who wrote (7927)8/2/1999 10:42:00 PM
From: Paul Senior  Read Replies (1) of 78820
 
Trying to find entry points for some toy related stocks. TOY "begins to stir in August and September as investors look optimistically toward the upcoming Christmas season", (William Thomason of Parnassus Investments, Barron's Online, 8/12/98). TOYS still too expensive imo. But I added a small amount to my small position in Consolidated Stores (K-B Toys)today. Here're some interesting numbers - well, interesting to me anyway:

TOYS: market cap = $4.0 Billion-- 70,000 employees

CNS: market cap = $1.7 Billion-- 19,000 employees

ETYS: market cap = $4.0 Billion-- 306 employees

(source: Yahoo)

Man, those 306 employees (and E-Toys business model) must be worth their weight in gold. (Uh, actually if we assume the average weight of 306 employees is $150 lbs each -- that's 734,400 oz @ $265 per oz or only $194 Million. -- I must have too much time on my hands tonight -gg--)

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