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Toys R Us, Inc. (TOY) Message Board

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  • kurlabr kurlabr Feb 4, 1999 9:27 AM Flag

    sigh of relief that the Federal Reserve

    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.