HBI was recommended by The CHEAP Investor in the Jan. 2000 Issue at $2.88, Ran to $4.00. Falling back down, closing
Friday at $2.94 where I took a position late Friday 2/04/00 at $2.94. After the Market closed, I was pleased when I listened to The CHEAP Investor Hot Line as analysts Bill Mathews Updated (HBI) commenting that Investors should take another look at (HBI). With a Current Price of $2.94, an EPS of $ 0.36 per share. I have been a very successful subscriber of The CHEAP Investor and I placed his
Excellent Track Record on my Home Page which anyone is welcome to View at ww2.dixie-net.com
HBI has a 52W High $ 6.94 and Currently trading at a 52W Low $ 2.75, makes HBI a perfect CHEAP Investor stock.
However, A Book Value of $10.49 and with $2.28 per share in CASH, in my opinion, should JUMP OUT at any Smart
Investor.
Shrs Outstanding is 37.88 Million with a low publicly traded Float of only 14.00 Million.
HomeBase operates home improvement warehouse stores in the western United States. As of January 30, 1999, the
Company operated 84 stores in 10 states. The Company's stores average approximately 103,000 square feet of indoor space and include up to 30,000 square feet of additional exterior space for full-service garden and landscaping centers. The Company offers a broad assortment of brand-name home improvement and building supply products at competitive prices to both Do-It-Yourself (DIY) and professional customers. In certain categories, the Company supplements its brand-name offerings with private label products.
See HBI's Profile at biz.yahoo.com
These are my Personal Opinions and Perceptions
Malcolm
BlueCheap |
