LNX Click here to go to the original topic          Value Investing Forum Forum Index -> Value Stock Picks balaoko Tue Aug 08, 2006 12:11 am     LNX  It "engages in the design, distribution, wholesale, and retail of tableware, collectibles, and other giftware products in the United States and Canada." Based on its recent 4 years performance, it has excellent operation results with average PE at 3-4 and the result is stable. However, its price dropped extensively recently due to its unsatisfied performance in the last two quaters. Part of the reasons include an aquisition and writting off good wills. I am wondering whether it is under valued? Anyone can give me any comments? Thanks a lot. BTW, there is a lot of insider acquisition at prices much much higher than the current market quote. blast_investor Tue Aug 08, 2006 9:45 pm       The merit and valuation of acquistion needs to be studied to see the whole picture. I have not studied this stock enough to say, but so far, the valuation looks interesting. The acquisiton was pretty big and impacted the company significantly. This stock price looks low based on past earning excluding the acquisiton effect.          Value Investing Forum Forum Index -> Value Stock Picks Page 1 of 1 Search Engine Indexer BlastInvest @2005 p h p B B © 2001, 2002 p h p B B Group