• Guys, we've spent considerable money converting the Les Paul Forum to this new XenForo platform, and we have ongoing monthly operating expenses. THE "DONATIONS" TAB IS NOW WORKING, AND WE WOULD APPRECIATE ANY DONATIONS YOU CAN MAKE TO KEEP THE LES PAUL FORUM GOING! Thank you!

Good Investment?

Musicman

Well-known member
Joined
Feb 27, 2002
Messages
1,909
Just read this online and thought it might be interesting to see what the rest of you think.

"Guitar Centers of America (GTRC ): As the leading player in its market niche, we believe Guitar Centers is a "category killer" in a fragmented U.S. market. We forecast total revenue growth of 14% in 2005, with EPS driven 17% higher by margin expansion from improved inventory management and leverage over fixed costs. Based primarily on our discounted free cash-flow model, we believe the shares are significantly undervalued. "
 

DonP

Active member
Joined
Feb 21, 2003
Messages
3,020
I'll wait for some bad news where the shares take a 50% hit before buying. Way too high for my blood - risk vs. reward not there.
 

Tiddles

New member
Joined
Sep 17, 2003
Messages
254
Stay clear of investment opportunities described knee deep in BS jargon. :2cents. Oh, & don’t invest in vintage guitars either. Another :2cents.

Ian.
 
Top