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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: John Pitera who wrote (57410)8/21/1999 11:12:00 PM
From: wlheatmoon  Read Replies (2) of 86076
 
John,
I might have an interesting value play. Barron's insider trading listed FCH with net purchase of 442,150 shares. I looked up FCH and see that it's a reasonable co. Felcor Lodging Trust.
Last stock price around 18, book value of 31.83 (PB of .566), PE of 9.8, annual dividend of 2.2 or around 12.2%, Price/Sales of 3.6, market cap of 1.23 billion.

Insiders have been buying in 20-28 range and no sells. Let me know what you think.

thanks.
mike
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