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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (15849)12/16/2002 3:21:36 PM
From: Paul Senior  Read Replies (2) of 78486
 
Adding a bit more today to BAMM, an old thread favorite.

I re-looked at the numbers, and I was wrong about BAMM being a Ben Graham net-net at current price. It's iffy (imo) if BAMM will be profitable for the year (upcoming Q is the big one), and BAMM has lots of dollar exposure from their operating leases (which look to me to be off the balance sheet).

Still, I don't see BAMM going BK, and if BAMM can hold its share of book sales, I expect to see a reasonable move in the stock again with 12-18 months... not as good a move from when those here first bought, but okay for me nonetheless.
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