Wednesday, February 02, 2005
Junk Buy?
Wiegers Capital Management buys Hart Publications
This issue of Folio contains a few takes on some of the 'top deals of 2004.' Each deal features a comment, evidently from an investment banker or expert--it's not really clear in the web version. So check out the story on Hart Publications, which is headed by my friend and former colleague, Rich Eichler (pictured).
After a nice little article on how Rich and his team saved Hart, and its employees, by getting the business sold to a group of investors who won't rape and pillage it, the comment is: "This is a junk buy."
What 'expert' said that? Hart's properties, which serve the oil and gas market, are good. The management team is stellar. Eichler is a visionary, who makes great moves that improve his products and serve his customers better. And he took care of his people.
Let's have more 'junk' like that, folks. And less junk thinking from the numbers guys. Leave the uninformed snarkiness to us blogger-types.
See the whole feature here.
And a shout out to Paul Conley's fine b2b blog for bringing the article, and its poor html coding, to my attention.
Comments
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This issue of Folio contains a few takes on some of the 'top deals of 2004.' Each deal features a comment, evidently from an investment banker or expert--it's not really clear in the web version. So check out the story on Hart Publications, which is headed by my friend and former colleague, Rich Eichler (pictured).
After a nice little article on how Rich and his team saved Hart, and its employees, by getting the business sold to a group of investors who won't rape and pillage it, the comment is: "This is a junk buy."
What 'expert' said that? Hart's properties, which serve the oil and gas market, are good. The management team is stellar. Eichler is a visionary, who makes great moves that improve his products and serve his customers better. And he took care of his people.
Let's have more 'junk' like that, folks. And less junk thinking from the numbers guys. Leave the uninformed snarkiness to us blogger-types.
See the whole feature here.
And a shout out to Paul Conley's fine b2b blog for bringing the article, and its poor html coding, to my attention.
