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Strategies & Market Trends : Value Investing

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To: Daniel Chisholm who wrote (6083)2/22/1999 5:58:00 PM
From: jeffbas  Read Replies (1) of 78515
 
Nice post. I share the others views. Based on your numbers I would consider it quite possible that the assets you referred to are not worth 67% of the carrying value (2242/3331).

I think the comments about there being few economies of scale in the funeral home industry are on the money. In fact I would say that there might be negative economies of scale. If your local mom-and-pop funeral home gave a nice, personal, sympathetic touch to your grandmother's funeral, you are more likely to go there for your mother
than if it is run by someone to whom it is just a job and not their own business.

In my opinion, rolling up the monument business made a bit more sense.
What was the name of that company, which we have mentioned on this thread?
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