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Non-Tech : MOOV moves? together with VUPDA -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (16)1/17/1998 5:47:00 PM
From: yard_man  Respond to of 30
 
Thanks, James. I'll be keeping an eye on VUPDA.



To: James F. Hopkins who wrote (16)1/20/1998 11:56:00 AM
From: yard_man  Read Replies (1) | Respond to of 30
 
James,

I'm still thinking about MOOV. You consider MOOV a value play at this point, right? What does the book value consist of? I would expect that the individual stores rent their facilities. Would the book value be predominantly tapes? If that were the case than I can see good reason for the stock to trade below book value and stay below book value if fixed costs remain about the same and the tapes become dated. Tell me again why you think it's a value play here.

Thanks in advance,
Barry