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Strategies & Market Trends : Value Investing
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To: Suma who wrote (34039)4/3/2009 2:20:54 PM
From: anializer  Read Replies (1) of 78714
 
Hi Suma,

You probably won't get much of a response at least on this board to postings regarding overvalued stocks. They were great calls just the same, but I doubt I would ever pay 4X tangible book for these or even more than 2X tangible book. When looking at restaurants, I look more at stuff like CHUX (less than 1/2 tangible book) or RT at a similar multiple to net asset values.
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