Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Grommit who wrote (6021)	2/10/1999 9:02:00 PM
From: Grommit	Respond to of 78515

OWN -- Sunterra. This stock/sector is not a low risk area, but it certainly is a value play. OWN just announced earnings and beat the numbers by a couple of pennies. They develop and sell timeshares. Creepy industry, I know. But check the basics: biz.yahoo.com Note that the analyst estimates are tight. They get guidance from the company and buy into it. I think that is generally good -- as long as the analysts are not sheep. (I am wary when analysts diverge.) OWN has a new CEO from REI (the timeshare company) who is reputed to be quite outstanding from what I read on yahoo when he joined the company. Here's the industry: quote.yahoo.com The whole industry is undervalued. I believe based on the belief (fear) that the economy tanks, and timeshares dry up. If you believe that -- do not go here. But from what I read, the demographics favor timeshares as the boomers age. Long term OK, short term risky. enjoy, grommit PS - I do not intent to overpost and tout my picks on this thread -- but they just came out with earnings, and it is one of my big holdings. PS2 - Merril Lynch has a "Buy" on sunterra and has an analyst report on the company which you can get thru this month. They have free analysis reports for awhile -- mlol.ml.com Merril Lynch had EPS for 1998 at $1.18 est (actual 1.20) and has 1999 est at $1.57 -- 30% growth. With ML recommendation, this industry and this company have some credibility. :o) Oh yeah -- $1.20 per share -- 30% growth -- guess the stock price -- under $12 right now.