Seeking Alpha
  • Alex Rasmussen
    Latest piece on TPX http://bit.ly/TaxqVn
    10/24/12
    Reply (6)
    • The_Hammer: congrats on getting out in time. this one may take a further beating and another leg down when the next recession hits.low double digits
      10/24/12
    • Alex Rasmussen: I've done 3 merger models and have yet to see how they came up with $40m in synergies. Cost of debt is too high for ZZ - bad acquisition
      10/25/12
    • The_Hammer: Agreed and this stock will get totally toasted when we hit another recession.could fall single digits but something to watch if survive
      10/25/12
    • CJ2: How do you measure synergies using a merger model? Seems like more of an input than an output.
      12/4/12
    • Alex Rasmussen: Both. Synergies affect the inputs (increased margins, growth, time horizon), but the value of that synergy is an output.
      12/4/12
    • Alex Rasmussen: So essentially I'm saying I couldn't change the inputs positively enough (realistically) to get $40m as an output. Hope that helps.
      12/4/12