Packer16 Posted May 4, 2009 Share Posted May 4, 2009 Has anyone been looking at this sector? It appears there are alot of firms with alot of debt so some of the stock look more like call options. The revenues are falling pretty fast due to in part the automotive issues. This may be an interesting way to the survival of the autos. Some interesting ones include SGA, JRN, NWS and BLC. Packer Link to comment Share on other sites More sharing options...
ExpectedValue Posted May 4, 2009 Share Posted May 4, 2009 I don't subscribe to the publication, so can't say for sure -- but I heard that in OID Klarman was discussing NWS as an investment idea. Link to comment Share on other sites More sharing options...
jasonw1 Posted May 4, 2009 Share Posted May 4, 2009 NWS is Klarman's largest equalty holding, he thinks it's worth at least $15-20 in current environment, and north of $20 in normal times. The debt of NWS is not that high, they can pay it from operating income and cash on hands. Link to comment Share on other sites More sharing options...
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