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


To: MCsweet who wrote (29708)1/15/2008 6:10:46 PM
From: Grommit  Respond to of 78464
 
I don't think they explained it, or justified it well either. And with this press release on Jan 7, it looks like they are not going to write it down in Q4 either. They are going to be questioned/challenged at the conf call.

American Capital continues to forecast 14% to 20% growth in net asset value (NAV) from December 31, 2006, totaling $4.08 to $6.00 growth, to a value in the range of $33.50 to $35.42 per share at December 31, 2007.

But I still think the stock is a good bet. Even with a write down, they are trading at NAV. More inside purchases.

finance.yahoo.com