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


To: David who wrote (17217)6/12/2003 10:09:58 AM
From: Bob Rudd  Read Replies (1) | Respond to of 78748
 
MAXS: I listened to the recent call and was impressed that they handled the SARS issue with no downside and that they continue to show growth despite sub-optimal conditions and changes like Sears getting out of thier kind of shoes. I would expect business conditions will improve from here.
I would rather have heard talk of dividends than acquisitions, but they reassured that they would never do an acquisition returning less than or near their cost of capital.