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To: w0z who wrote (2913)6/4/2003 11:44:33 PM
From: The Duke of URLĀ©  Respond to of 4345
 
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To: w0z who wrote (2913)6/4/2003 11:45:34 PM
From: The Duke of URLĀ©  Read Replies (2) | Respond to of 4345
 
""Let me try it this way. You, Duke and I all own local 7-11s, all with $10M per"

No Way. I'm not sellin' out for peanuts.

I drop down a subsidiary and take back 20 Million shares on a reverse B. and put 10% public thru Smith Barney.

Then I enter into a contract with the sub to buy all it produces. This bumps the P/E thru the moon. I drop down a new sub, have it buy what I just bought and sell it back to the first sub. This pumps the P/S ratio thru the roof.

Then I get B of A to lend me 500 Million based on the security of the stock so the liab does not show up on sub A,

THEN I FIND SOME PIGEON WHO ALL HE CAN TALK ABOUT IS HIS KNOWLEDGE OF P/S AND P/E RATIOS AND DUMP my remaining 90% on his ass and split with Martha Stewart to the Bahamas, where we retire and write "How to cook the Books" where they don't have the internet and I don't have to read posts about people explaining to me how ratios work.

:))

But that is just my opinion, what do you think?



To: w0z who wrote (2913)6/5/2003 2:25:38 AM
From: Dave B  Read Replies (2) | Respond to of 4345
 
Bill,

Wrong Dave. P/S has been a fundamental metric at least as far back as 1967 at Harvard Business School (I'm dating myself!)

Well, that explains a lot. It wasn't down the river at Sloan in 1982. <G>

Okay, we're going to have to agree to disagree. Good luck with using whatever measures you want to use in your investing.

Dave