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


To: jeffbas who wrote (9334)12/16/1999 4:31:00 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 78519
 
Well, one of our old faves is being taken over, somewhat. GENBB.
Genny is selling the brewery, but, as I read it, not the brand. The stock did nothing (except for a little spike to 26 intraday). What is the brewery worth? The Genny brand is not worth a heck of a lot, one would think, so the brewery one would think is the bulk of the net worth of the company. And, BV is about $60 per share. So, why's the stock languishing in the low 20s?