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Non-Tech : Boston Market (BOSTQ)
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To: rrufff who wrote (1288)6/19/1998 9:15:00 AM
From: rrufff  Read Replies (2) of 1567
 
Back in May, I posted that this looked like a $1 stock. I don't know anything about the company, other than what I've read here. However, I am a member of that profession that most hate, so I know what having the cloud of multiple work outs/ litigtation means. Just the possibility of reorg or worse under bankruptcy would be enough to bring the stock down.

So now I'm looking at it as a spec. Has anyone run numbers as to residual value, if any, in worst case scenario?? Is it a buy at $1 or is it 50 cents?? My guess is that it should hit $1 at this time. Without any knowledge of its financials, it is a pure guess. Looking at the relationships and the myriad of possibilites, it probably is impossible to predict. This turn around is the type that they give B School students for a thesis (you know everything possible goes wrong, you come up with a plan.)

So my guess 75 cents as half way between my other guesses. I'll buy then. How about u??
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