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.

Non-Tech : SPIN-OFFS "secret hiding places of stock market profits" -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (1008)	8/4/2006 12:03:09 PM
From: keokalani'nui	Respond to of 1185

ADP to spin off its brokerage back-office business.

To: Spekulatius who wrote (1008)	8/5/2006 9:36:31 AM
From: cfimx	Read Replies (1) \| Respond to of 1185

I am buying them all. All are very cheap and debt is minimal. H at 7x ebitda with minimal cap ex requirements is the best business imo, a Buffett kind of business actually. All could be targeted by private equity investors in the next year. All have been dumped as investors move around, trying to find the ones they want to stay with. CD is interesting to watch. It turned into a kind of orphan stock when it went to $2.30 from $15, getting booted from the index in the process. In two weeks it will reverse split 1-10 and change its name, and its symbol to CARS. Cars has no unsecured debt. It sells for $2.3b and has ebitda of ~ $420m for 07. Cap-ex around $90m.