Friday, February 26, 2010

A New Metric I Didn't Know Existed!

I like finding new data. This data may have come in handy for Ari Siegel this morning in the University of Oregon Investment Group. He did a presentation on California Pizza Kitchen and recommended a buy. Here's a link for any curious readers wanting to know a little more about the UOIG. --Aside-- I realize I only have like 4 readers...


We ended up voting hold on the stock for a variety of reasons. I voted hold because I've eaten there, it's not that good, and it was only undervalued by roughly 8%, which can almost be taken out by transaction costs alone. There are a few errors in the DCF, but for the most part a well done and thorough report.

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