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Strategies & Market Trends : Value Investing

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To: S. maltophilia who wrote (9313)12/14/1999 6:12:00 PM
From: Madharry  Read Replies (3) of 78521
 
Looks good on the surface but I have reservations: 1. money is in tax exempt instruments while the market has been booming for the past five years. 2. property is not exactly in boom towns. ANybody know what the resale value would be of these plants? COuld they be used for something else? 3. As long as present management is in place- why would it not be business as usual minimize losses but what the hey cash will cover those losses and pay salaries and generous expenses besides. remember you can't take it with you! If they do not liquidate what is the likelihood the business revives?
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