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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (17881)9/22/2003 3:45:37 PM
From: boneil55  Read Replies (1) of 18998
 
HAYZ

Mr. Pink,

HAYZ is indeed an interesting situation. Fairly strong last quarter and seems to be on track to meet its POR estimates. It also looks like it will generate significant FCF. At 4.5x, a roughly 18% FCF yield and the potential for cost savings, it is cheap enough to compensate for the difficult operating environment it is in.

Seems to be a $22+ stock hiding out at $16 -- at least in my very humble opinion, which is offered while bowed and kneeling to You.

--Brian
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