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Non-Tech : BLOCKBUSTER (BBI) - GIANT video specialty chain
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To: Walter Morton who wrote (51)11/11/1999 12:06:00 AM
From: BIGFRED  Read Replies (3) of 67
 
Hi Walter:

As you see BBI announced a deal today to provide videos. This is another indication to me, besides the Aol 30 million dollar investment in BBI, that it will go up in the next 3 months by about 20 to 40% (between 20 and 25 dollars.). This will give it a p.e. of 30 and the growth next year is 47%. By this time next year I see the stock around 35 going to 50 in early 2001. First lets see if they will make 70 cents this year or beat it.

Take care

Fred
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