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Non-Tech : TRND -- Back from the Dead? -- Ignore unavailable to you. Want to Upgrade?


To: BMcV who wrote (28)11/10/1999 3:48:00 PM
From: BostonView  Respond to of 57
 
Nice little 33k share trade went by a half hour ago. Can't be sure, but it looked like a buy. When this little dog wakes, it's gonna hunt.

As for your (correct) market observations, I guess it's "welcome to the new paradigm". Momentum rules the day and valuation is a laughable metric. That's why all the "kids" are making money...unchained by the rules of the past!

Do you have any thoughts on how AMZN's move reflects on TRND?

BV



To: BMcV who wrote (28)11/10/1999 7:06:00 PM
From: BostonView  Read Replies (1) | Respond to of 57
 
Curious rumor circulating (I took your advice and surfed Y! & RB).

"Jettools.com interested in Woodworkers Warehouse."

If Stan is planning to liquidate this business, I guess it could fetch $9 -$12 per share. This, using a simple 1xSales of about $150 million on the retail/wood side for the current year, pro forma.

Further (while we're dreaming), I would assume he'd be looking to sell Golfday too, which could fetch another $5 to $7 per share.

At $14 - $19, this would be a nice deal for Stan and the rest of us long suffering shareholders.

Comments?

BV