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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bob Rudd who wrote (8414)9/28/1999 4:48:00 PM
From: James Clarke  Read Replies (2) | Respond to of 78973
 
There is a warrant of about 7 or 8 hundred thousand shares that increases the share count above what it would appear. I still buy the stock, but my valuation changed some when I found this hiding in the footnotes.

Elder Beerman announced the sale of a business today. Things are happening there, and the stock is right back down to where it was before the Barrons piece and the share buyback announcement. That's an example of what I look for in a catalyst for a net-net. This one is just about perfect in my book.

JJC