Alexander's, Inc. (ALX)

NeroSagetrade (48.63) Submitted: 10/14/07 6:17 PM : Start Price: $405.70 ALX Score: 4.02

Alexanders is not a poor company, its just the wrong company in the wrong place at the wrong time in the financial take of things. Alexanders is responsible for leasing, renovating and turning over real estate, generally condominiums, and the market for condos has dried up just as quickly as the housing market has. A recent earnings take shows earnings declined 50% and they should decline further. At 10 times sales, and a staggering 30 times book, I cant see this outpacing the market in this environment.





Nero


Sagetrade

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