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Strategies & Market Trends : Value Investing

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To: David who wrote (8045)8/26/1999 9:25:00 AM
From: Mike 2.0  Read Replies (2) of 78817
 
All, this might be flame bait, I hope not, but what catalyst would Elder-Beerman possibly have to justify investing in this apparently sleepy old-style dept store chain? Does the company manage its inventory particularly well? Do they have some unique niche? It appears they are doing nothing different in the face of a host of new competitors and new retail environment. I never heard of them but it sounds like another chain I remember called Rich's...another old style department store, very clean, but also very ordinary. The chain is long gone. One possibility might be if there is still significant family ownership, perhaps they may try to take the chain private. Otherwise, I think this great "value" will remain a great "value" for a long time indeed. JMO.
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