% | $
Quotes you view appear here for quick access.

iShares Core Growth Allocation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • risk_11 risk_11 Feb 18, 2000 11:43 AM Flag

    This has been so obvious for months

    I agree no one will buy the corporation - but
    there is no disputing the quality of some of its assets
    - the book value of these assets on the company's
    books is still more than $9/share, and most have brand
    names that buyers will pay more than a multiple of
    their book value.

    So don't be surprised if an
    investment bank is retained to line up asset disposals and
    then shutter the company.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Be a little cautious here! Name brand and book
      value do not mean much if the company is losing money
      and has the prospect of losing more in years to come.

      If simply by buying name brand, one could form a
      successful company, more companies would be bought out. But
      at what price?

      This company looked sick
      before any of this news came out. It looks sicker now.
      Instituional holders will dump theie shares at steep discount
      to its current price.

41.23+0.15(+0.37%)Sep 28 8:00 PMEDT