Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr_X who wrote (5376)	1/5/1999 6:00:00 AM
From: Mr. Pink	Read Replies (1) of 18998

Mr. X, Welcome to His little thread. Step forward, kneel and taste the sacrificial wafer. Good....Now join the others in a refreshing glass of Pink lemonade, or would you prefer the Kool-Aid? FHT's customers are dirtbags, no doubt. However their internet strategy is two-fold. One they are using the net to better serve their existing customers, but secondly they are also broadening their customer base away from beer swilling-trailer park living-National Enquire reading-tv dinner eating-Sally Jessie Raphael watching-common folk. They are broadening their client base to genteel individuals such as yourself who no doubt spend $8.00 on a bottle of designer water at restaurants that serve you uncooked plates of "sashimi quality" tuna that you wash down with Pinot Noir. They will cater to people like who live in a fancy condo, drive a Range Rover and have plenty of disposabel income and free time to sit in front of the computer and order flowers from 1800 flowers direct not to mention the many other new services they have acquired. What do you think the average income is of highly successful Home Shopping Network? In addition FHT will earn over a buck on its core business, so you are only paying 16X for a very solid catalger with plenty of internet upside...Cheap Cheap Cheap. Mr. Pink All his humble opinion.

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