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Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated -- Ignore unavailable to you. Want to Upgrade?


To: straight life who wrote (220)10/31/2003 9:40:11 PM
From: Mike Buckley  Read Replies (1) | Respond to of 2955
 
Larry,

OK... so if the company raises FCF 50% per year you're in...

I don't remember writing that.

only you don't think they will and it's priced too high so you're out

I don't remember writing that either.

... so, okay, what's fair value?

I did write that it's very difficult to determine. I've written often that that's the case, at least for me.

And are you in or out?

Why would that be important?

--Mike Buckley