SI
SI
discoversearch

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 : Boston Market (BOSTQ) -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (1288)6/19/1998 9:15:00 AM
From: rrufff  Read Replies (2) | Respond to of 1567
 
Back in May, I posted that this looked like a $1 stock. I don't know anything about the company, other than what I've read here. However, I am a member of that profession that most hate, so I know what having the cloud of multiple work outs/ litigtation means. Just the possibility of reorg or worse under bankruptcy would be enough to bring the stock down.

So now I'm looking at it as a spec. Has anyone run numbers as to residual value, if any, in worst case scenario?? Is it a buy at $1 or is it 50 cents?? My guess is that it should hit $1 at this time. Without any knowledge of its financials, it is a pure guess. Looking at the relationships and the myriad of possibilites, it probably is impossible to predict. This turn around is the type that they give B School students for a thesis (you know everything possible goes wrong, you come up with a plan.)

So my guess 75 cents as half way between my other guesses. I'll buy then. How about u??