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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 (1956)8/3/1998 8:20:00 AM
From: valueminded  Read Replies (2) of 18998
 
Mr. Pink

On the surface, BFT appears to be Ok. Highly leveraged but Ok. I presume your mention of accounting issues is one of when they count the revenues. Please enlighten.

TEV ~ 1billion, EBITDA (if you believe it) 23mil/qtr

It has already fallen quite a bit from 40. Do you like it as a short candidate or would I be better off sticking with the likes of ACRT, SRCM, ABTE. Seems like an ideal period to start picking on the midcaps as everyone is running away from them. Even the good ones like CFWY or OTL or USU are getting hit. Although my hope is they will be hit less hard as they have good cash flows.

thanks for you advice
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