Curious George's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/170119/comments http://seekingalpha.com/article/107153/comments?source=feed#comment-311249 311249
I am a big WB fan and I believe he will make money from his decisions. But, let's be consistent in our treatment. Good luck navigating this storm.]]> Thu, 20 Nov 2008 19:24:14 -0500
I am a big WB fan and I believe he will make money from his decisions. But, let's be consistent in our treatment. Good luck navigating this storm.]]> http://seekingalpha.com/article/70394/comments?source=feed#comment-133588 133588
Second question: Now that JOE is restructuring to move to a pure equity capital structure, do you expect them to remove pressure to create consistent cashflows via land sales of timberland assets regardless of market conditions? Without the need to create cashflow to cover interest payments, you would think they would pull back on that.

Thanks,
LBR]]> Sun, 30 Mar 2008 07:11:37 -0400
Second question: Now that JOE is restructuring to move to a pure equity capital structure, do you expect them to remove pressure to create consistent cashflows via land sales of timberland assets regardless of market conditions? Without the need to create cashflow to cover interest payments, you would think they would pull back on that.

Thanks,
LBR]]> http://seekingalpha.com/article/70394/comments?source=feed#comment-133587 133587
Seriously, well balanced primer on PRXI. Will do more research on this. Nice call on JOE, by the way. Do you know if Einhorn covered his "swamp-land" short, or did he ride it all the way back up to the mid-40's from the mid-20's? What is the implied EV per acre on Joe now? I like their recent moves to go to a pure land trust holding company and stop with all the expensive proprietary development, but it appears to be fair value territory at the moment.

Cheers
LBR]]> Sun, 30 Mar 2008 06:59:56 -0400
Seriously, well balanced primer on PRXI. Will do more research on this. Nice call on JOE, by the way. Do you know if Einhorn covered his "swamp-land" short, or did he ride it all the way back up to the mid-40's from the mid-20's? What is the implied EV per acre on Joe now? I like their recent moves to go to a pure land trust holding company and stop with all the expensive proprietary development, but it appears to be fair value territory at the moment.

Cheers
LBR]]>