Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (11661)	12/29/2000 3:11:21 AM
From: rjm2	Read Replies (2) of 78568

I continue to buy DIYH even though its no doubt in a death march. The insiders continue to buy. There is a LOT of equity left to piss away. But last quarter was pretty terrible from an ongoing operations standpoint. I really dont see whats keeping them from closing more stores and soon. I am hoping they are working on a deal for several of their properties. One which they own outright was closed recently and for sale. (I expect a gain) and another which was closed recently will be subleased and the income will flow back to them because they had to write off the remaining lease term. Ideally they will announce a deal with one party buying that location and maybe taking over a few others after liquidation although thats wishful thinking on my part. I have no illusions, its pretty much a real estate play now. Sort of worried that management may have its head in the sand however.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next