Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Clarke who wrote (9767)	1/27/2000 1:13:00 PM
From: TwoBear	Respond to of 78750

That was LauA's quote, not mine. I believe I referred to price. What's up with the Value police force? Scott

To: James Clarke who wrote (9767)	1/27/2000 1:19:00 PM
From: LauA	Read Replies (1) \| Respond to of 78750

reductio ad absurdum - if you win, you are a winner. Everything's a price series, guess right, price goes your way. Problem is can you improve your guesses beyond 50:50 (less friction)? Going back to the net/net Jackpot. Today they announce that the hidden news is that they've settled their litigation with their largest client (Albertsons). They get a roll back in the rent deal that caused them to be a break-even business. Should get some sort of lump sum payment for the last few months. Going forward their costs will be reduced as much as $18 million. (I'm not sure about the length of time of the contract they signed last summer.) Problem is that next week they lose the old Lucky stores that Albertsons had to divest. As I recall, this was a significant portion of their business. Next week, Jackpot appears to have a smaller business that is profitable with assets that include $8/share cash. At what price do you buy? Lau