Sears Holdings Corp (SHLD)

chitownjester (< 20) Submitted: 5/14/08 3:40 PM : Start Price: $94.66 SHLD Score: -11.54

ESL will not let this one slip. Company will either turn around or be liquidated, land sold and brands marketed through other channels (other retail or online). Situation has been compared to Berkshire when Buffett bought it- company made good stuff, had great employees but simply could no longer compete (in the case of Berkshire low cost overseas competitors, in the case of SHLD a perception as your Dad's retailer and not as hip as a BBY or HD). SHLD let the big box boys pull the carpet right out from under them just like Montgomery Ward. What I think you will see though is that this thing has a market cap far lower than the value of just the land holdings, let along the brands.

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