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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (7946)8/3/1999 4:14:00 PM
From: Bob Rudd  Read Replies (1) of 78820
 
Just went lightly long on MAXS @ 8 7/8 on Jim's recommendation and quick DD that showed no serious uglies. I liked the cash on the BS. Not generally my kind of stock because I have no feel for fashion. It would have been nice to know how much they paid for the Anne Kleine license, but, like a car-chasing dog, I wouldn't know what to do with that info if I had it since I have no idea what the license is worth. My bet is an article of faith that MAXS knows what it's worth and didn't overpay.

bob
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