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


To: Mr. Pink who wrote (7329)3/25/1999 12:29:00 PM
From: If only I'd held  Respond to of 18998
 
Mr. Pink, I need your expert advice once again.

SVR I took a position in them at 7-7/8 this morning. I can not figure out what is wrong with this company. They have a been growing revenues at astounding rates, and they seem to make really good money. Yet their stock trades below book value. I beleive they just opened up a website to promote and arrange for trips to their resorts. The chart has no significant drop-offs to it in the past year. Could this just be a forgotten treasure or am I missing something?? The company just bought back almost 1/2 million shares and now the CEO himself is going to buy back 1/2 million shares for his own portfolio. Did these guys piss someone off long ago, or are they just too normal to be on Wall Street?? I really would apprciate your opinion on the matter, when you have the opportunity. Thanks and all due respect.