<ot>Hi Bob, if memory serves [worrying about the mkt has caused serious neuron degeneration <g>,] Mr Tom Kurlak, the prince, has been high on MU circa 1995 when the semi cycle came crashing down. But you can't say he is not entertaining. Boston Chicken has hit a $42 when ML [if I remember correctly] did the bond deal [prefers, really.] Well, last year MCD paid less than $400MM for the whole of Boston Market, carcass and all. Even the prefer holders don't get a dime!
Ultimately, while I think there are still conscientious analysts out there, it is more important to learn about their rationale between a stk rating than to get a number from them w/o questioning how they arrive at that number. If one buys the story, the number means little. If one doesn't buy the story, the number means little. Either way,. the number means little
best, Bosco |