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


To: Paul Senior who wrote (5275)11/12/1998 11:21:00 PM
From: Paul Senior  Read Replies (3) | Respond to of 78543
 
Anyone looking now at STAR? Mentioned by some here when stock was at least 50% higher. Now PE under 8, price well below bv, no long term debt. Several other restaurant stocks also seem to have similar numbers. I just can't seem to work up any enthusiasm for these companies. It seems - although I have no facts - that sometimes they just keep expanding until they go bankrupt.

Probably will buy Dave and Busters (DANB) though. Not a value stock IMO -- but doing fabulous business (for now anyway) and a with a terrific business model too. Paul