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Strategies & Market Trends : Value Investing

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To: Dan Meleney who wrote (7013)5/12/1999 2:29:00 PM
From: Dan Meleney  Read Replies (1) of 78708
 
SVIN I'll pass too.

I went through their annual report in detail and also looked outside for valuations on the land. They are indeed selling for much less than the value of their liquidation value. But while I like the hidden value of the assets, I agree with others on this board that the value won't be unlocked. Scheid will continue to be a family business making unacceptable margins.

Dan
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