My prior target was 5.60 and I sold this at 6.05. Looking at the effects of capital structure changes at LSE I now put its value at 5.00. Feb 24, 2011
The dilutive capital raise for LSE reduced FFO per share, but eliminated refinancing risk of their credit line - its roughly value neutral. Aug 13, 2010
I still like this stock but it's worrisome that management of LSE didn't account for their new share count in guidance provided at Q1. Aug 13, 2010
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