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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Colton who wrote (644)11/29/1997 8:25:00 PM
From: Mr. Pink  Respond to of 18998
 
Mr. Colton

Probably at a plateau for a while. It is still cheap relative to the comps and fair value is around $26 bucks.(10X cash earnings ($2 bucks plus 60 cents in goodwill) Pink is holding out until the company is sold probably some time next year. Should go for 30 bucks plus.

good luck