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Toys R Us, Inc. (TOY) Message Board

  • jenelway20 jenelway20 Feb 4, 1999 12:00 AM Flag

    sigh of relief that the Federal Reserve

    sigh of relief that the Federal Reserve chose to
    leave interest rates alone. The Dow JonesIndustrial
    Average
    closed up 92.69 points, or 1%, at 9366.81,
    reaching its highs of theday after the Fed ended a
    high-profile
    policy meeting with no announcement about
    interestrates. The technology-laced Nasdaq Composite Index

    rose 30.16 points, or 1.22%,
    to24.93.58,
    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    DOW PREDICTION COMPARISON WITH GURUS:

    http://www.angelfire.com/mi/medusainvest/99call.html

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Has everyone lost their mind to this ridiculous
      internet craze. THe only one's making money are the
      retailers as noted today on CNBC. TOY has a book value
      equal to where it is trading, earnongs over $1 per
      share and it is still growing. TOY has an internet site
      that is hoghly ratede in case this internet thing
      actually does eventually make money, so they are
      positioned to go that route as well. This stock belongs at
      $25 per share. THe reality is it is out of favor and
      at $15. Look at compnaies like ABF whose stock has
      climbed from $18 to $38 based on no changes. It is just
      not out of favor and it is being properly valued. The
      same will happen to TOY. By the time Star Wars hits in
      June 1999, this stock will be at $20 minimum. I
      realize this is where the stock was three months ago
      before absolutely nothing happened. THis is just so
      humorous. For the longs, just be patient.

 

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