Robert Floyd
Forzani Group
FGL-T
HOLD
Sep 06, 2007
Reported some very interesting numbers. Showing some strength in their overall operations. Some takeover talks are circling around them. Some analysts are looking for the high $20's.
Had a real good strategy for a while, but failed to execute. Getting tremendous competition on the low end of the market from the Wal Marts of the world which is eating up their margins.
Just acquired a competitor that was facing bankruptcy. Stock has come down substantially from its recent high. This is the first time that they've had a very good winter across the country.