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


To: Allen Furlan who wrote (17791)10/1/2003 1:46:41 PM
From: Paul Senior  Read Replies (1) | Respond to of 78753
 
I'll look again at STRZ. Saw the LTUS buyout offer. I sold my shares few months ago @ $10 level. (Didn't foresee a premium - such a large one too! - that a controlling stockholder might offer. Ouch!) Also, fwiw, have sold exploratory position in JBX, half of SZ holdings, some SWRG. Right now as regards restaurant stocks, I'm only considering just adding to LNY position.



To: Allen Furlan who wrote (17791)10/1/2003 3:32:15 PM
From: Bob Rudd  Read Replies (1) | Respond to of 78753
 
Allen: I'm another long suffering STRZ holder...maybe we should start a support group ;) Just as I was going to say "Very thinly traded" is an understatement, I noticed 67.8k shares traded today, 68x average daily volume...due to a single 66k trade @2.69. Perhaps CEO is buying another chunk?
The only hope here is that someone buys the whole thing thus boosting profitability by using the purchasers existing management structure and reducing STRZ fixed costs.