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Pep Boys - Manny, Moe & Jack Message Board

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  • martha_on_the_ragg2 martha_on_the_ragg2 Sep 16, 2007 3:32 PM Flag

    Pirates of the Canofbeans

    Exxon will buy at 8.

    And that 8 will be at a premium to the market (I would see about 6 as the low for buyout time).

    It's obviously above that now -- but way too high for a firm that is making none to very little earnings.

    The leaders (so called) of the last 5 full years have only run this firm into the ground. Does anyone here dispute that observation?