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

To: Paul Senior who wrote (46748)	2/24/2012 9:12:27 PM
From: E_K_S	Read Replies (1) \| Respond to of 78751

Skechers U.S.A., Inc. Common St (SKX) -NYSE To put their inventory amount into perspective. A 100% write down is worth $4.85/share. With a $17.01 tangible BV, their inventory only represents 29% of the TBV. So the stock at a price of $12.16 would be selling at TBV when you value the inventory at $0.00. Therefore, the risk/reward might be pretty good even if the economy sours. So I guess the question is can they generate enough sales to cover their costs while they advance their next hot new shoe line. It will be interesting to see how this story plays out. EKS