Bombay (BBA): Time for a run up? 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.

Non-Tech : Bombay (BBA): Time for a run up?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Arnie Doolittle who wrote (43)	10/9/1997 3:06:00 PM
From: opalapril	of 202

Pure speculation here, but (1) the long search for a CEO together with (2) the oddly rapid departure of the CFO (with the only explanation being a "restructuring") and (3) the debt-free status of BBA, combined with (4) a return to (modest) profitability leads me to believe BBA is on the auction block. I can't find anyone that agrees with me, much less a hint of who would be an interested purchaser, but the circumstances seem highly propitious. As for earnings, the tone of the chairman's public statement strikes me as being just as realistic as last month's statement about the completion of the inventory sell-off and substitution of traditional furniture styles: 'BBA is making progress, albeit in modest increments, and while there are reasons to be hopeful for the future there can be no guarantees.' Frankly, I'd rather see this kind of real world vision than some puffed up hype.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next