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Trizec Properties, Inc. (TRZ) Message Board

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  • pcmsearch pcmsearch Oct 13, 2002 9:07 AM Flag

    Reality vs stock market

    I guess there is the possibility but the bulk of the writedowns have been taken and has been pointed out Hollywood & Highlands has shown some improvement.
    Desert Passage in LV is a weaker situation with the Aladdin Bankruptcy
    PaseoColorado may be sold in the near future.
    The drop in price seems related to end of quarter/year tax selling.
    The stock seems to be extremely undervalued compared to peer group and FFO metrics.
    I would expect a pretty substantial pop in the not to distant future.