Michael Mauer Leaves Citi for Icahn [View article]
sorry, it should read: at about 25-30% BELOW book value currently, the stock looks compelling
On May 14 12:37 PM User 305589 wrote:
> of course, icahn had his fair share in doing dumb things. Buying > a soon-to-be bankrupt homebuilder near the top of the market (luckily, > mgmt of the company was even dumber and rejected the offer or else > icahn would have paid more than 6 times the amount he finally spent). > Motorola, yahoo. I doubt that any of these three will ever really > come back. that being said, his overall track record remains excellent > and at about 25-30% of book value the stock looks compelling
Michael Mauer Leaves Citi for Icahn [View article]
of course, icahn had his fair share in doing dumb things. Buying a soon-to-be bankrupt homebuilder near the top of the market (luckily, mgmt of the company was even dumber and rejected the offer or else icahn would have paid more than 6 times the amount he finally spent). Motorola, yahoo. I doubt that any of these three will ever really come back. that being said, his overall track record remains excellent and at about 25-30% of book value the stock looks compelling
Michael Mauer Leaves Citi for Icahn [View article]
On May 14 12:37 PM User 305589 wrote:
> of course, icahn had his fair share in doing dumb things. Buying
> a soon-to-be bankrupt homebuilder near the top of the market (luckily,
> mgmt of the company was even dumber and rejected the offer or else
> icahn would have paid more than 6 times the amount he finally spent).
> Motorola, yahoo. I doubt that any of these three will ever really
> come back. that being said, his overall track record remains excellent
> and at about 25-30% of book value the stock looks compelling
Michael Mauer Leaves Citi for Icahn [View article]