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Non-Tech : BLOCKBUSTER (BBI) - GIANT video specialty chain
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To: Eric W. Richesin who wrote (48)11/4/1999 11:23:00 PM
From: BIGFRED  Read Replies (1) of 67
 
Hi Eric:

That was a shot in the arm that AOL will invest 30 millions in BBI. I just checked the estimates for BBI. They are .70 for 1999 and 1.04 for 2000 and that is a 47% growth. 1.04 times 47 give you your 50 dollar stock target. I am holding for higher prices in January-February until earnings are released. I think in the mid twenties early in 2000 is very possible, with 35 to 50 later next year.

Take care
Fred
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