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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (8088)8/29/1999 8:53:00 PM
From: Paul Senior  Read Replies (1) of 78822
 
HDWY and employees: looking at HDWY. Company is growing revs by doubles and triples. Price to sales is very low. I don't doubt that it could be a buyout candidate at a double from current price or even $10 or better. Or that it is a value stock.

It's a company that operates in at least 6 major world cities. 400 people. Consider the problems of coordination and integration. Not to mention competition from bigger firms. And what are competitors doing -- all sleeping to let this company grow so fast?

Somebody posts here that he's a portfolio manager and HDWY is his biggest holding. Biggest holding! There's no concession to HDWY's risk given its size and number of employees? I guess I just don't get it.
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