Comments on: How Can TheStreet.com Publish This Story? http://www.peridotcapitalist.com/2008/12/how-can-thestreetcom-publish-this-story.html Stock market and investing blog published by Chad Brand, Founder/President of Peridot Capital Sat, 11 Feb 2012 23:26:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mark http://www.peridotcapitalist.com/2008/12/how-can-thestreetcom-publish-this-story.html/comment-page-1#comment-1109 Mark Sat, 06 Dec 2008 04:05:00 +0000 http://www.peridotcapitalist.com/?p=683#comment-1109 While I am no fan of Sears I do not agree with the author's assertion. Sears is worth over 9 billion in equity alone based on its balance sheet. Sears has a vastly superior balance sheet to Macy's. Sears has a stronger cash position and less debt than Macy's While I am no fan of Sears I do not agree with the author’s assertion. Sears is worth over 9 billion in equity alone based on its balance sheet. Sears has a vastly superior balance sheet to Macy’s. Sears has a stronger cash position and less debt than Macy’s

]]> By: SpeakToMe http://www.peridotcapitalist.com/2008/12/how-can-thestreetcom-publish-this-story.html/comment-page-1#comment-1105 SpeakToMe Wed, 03 Dec 2008 15:52:00 +0000 http://www.peridotcapitalist.com/?p=683#comment-1105 Looks like SHLD is no longer in Cramer's portfolio. I was going to cut the author some slack for being brave -- not necessary. Looks like SHLD is no longer in Cramer’s portfolio. I was going to cut the author some slack for being brave — not necessary.

]]> By: shepherd http://www.peridotcapitalist.com/2008/12/how-can-thestreetcom-publish-this-story.html/comment-page-1#comment-1104 shepherd Tue, 02 Dec 2008 23:23:00 +0000 http://www.peridotcapitalist.com/?p=683#comment-1104 You're not being too hard on the guy. You may be singling him out of the countless number of utterly clueless people who make their living giving financial advice, but you are not being too hard. You’re not being too hard on the guy. You may be singling him out of the countless number of utterly clueless people who make their living giving financial advice, but you are not being too hard.

]]> By: Chad Brand http://www.peridotcapitalist.com/2008/12/how-can-thestreetcom-publish-this-story.html/comment-page-1#comment-1103 Chad Brand Tue, 02 Dec 2008 17:01:00 +0000 http://www.peridotcapitalist.com/?p=683#comment-1103 Wow, he IS the editor??!!<br/><br/>His response proves he actually thinks one can judge relative value simply by looking at share price. Macy's has more upside than Sears simply because it trades at $6 instead of $30? Maybe it has exactly 5 times the upside too since 30 divided by 6 is 5! <br/><br/>I guess I'm being too hard on the guy, but it's unreal. Wow, he IS the editor??!!

His response proves he actually thinks one can judge relative value simply by looking at share price. Macy’s has more upside than Sears simply because it trades at $6 instead of $30? Maybe it has exactly 5 times the upside too since 30 divided by 6 is 5!

I guess I’m being too hard on the guy, but it’s unreal.

]]> By: Canada-US MBA http://www.peridotcapitalist.com/2008/12/how-can-thestreetcom-publish-this-story.html/comment-page-1#comment-1102 Canada-US MBA Tue, 02 Dec 2008 16:52:00 +0000 http://www.peridotcapitalist.com/?p=683#comment-1102 I emailed the author to let him know I was stunned that it appeared he doesn't understand the difference between market cap and share price. Here is his response:<br/><br/>Thank you for the feedback.<br/><br/>I am arguing relative value on the share price comparisons not on market<br/>cap. I don't think investors paying more than $30 a share for Sears will<br/>see much return on investment. Macy's represents more upside at $6.87<br/>currently.<br/><br/>On Market Cap, I don't think Sears is worth $30 a share, so I don't<br/>think the company is worth the $4 billion value that represents. While I<br/>used total market value for Sears in the headline, I am not comparing<br/>market caps in the analysis of relative value.<br/><br/>All the best,<br/><br/>Glenn Hall<br/>Editor<br/>Glenn.Hall@thestreet.com<br/>phone: 212 321 5251<br/>TheStreet.com I emailed the author to let him know I was stunned that it appeared he doesn’t understand the difference between market cap and share price. Here is his response:

Thank you for the feedback.

I am arguing relative value on the share price comparisons not on market
cap. I don’t think investors paying more than $30 a share for Sears will
see much return on investment. Macy’s represents more upside at $6.87
currently.

On Market Cap, I don’t think Sears is worth $30 a share, so I don’t
think the company is worth the $4 billion value that represents. While I
used total market value for Sears in the headline, I am not comparing
market caps in the analysis of relative value.

All the best,

Glenn Hall
Editor
Glenn.Hall@thestreet.com
phone: 212 321 5251
TheStreet.com

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