Could BKST be the next SKYM?
The stock is trading at 0.5 times sales versus 5 times sales for SKYM, has just broken out of a 4 year range on high volume, has small float with relativelly high short position, and a great internet site, better than SKYM brookstoneonline.com
This was an article back from 12/17
NEW YORK, Dec 17 (Reuters) - Specialty retailer Brookstone is currently a bargain, especially with its recent online business that has yet to be tapped, BusinessWeek reported in its Dec. 28 issue.
The stock is worth more than twice its book value and could be an attractive takeover target, a money manager quoted in the article said.
Along with its low price-earings ration, the retailer also has its small but growing Internet business in its favoer, analysts said. Its stock closed Thursday at 12-5/8, up 1-1/8 on the day.
REUTERS Rtr 21:04 12-17-98 |