Thread: Interesting...
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Old 01-18-2002, 05:21 AM
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Default Interesting...

Posted By: Marc S.

Collectors Universe can simply go private again. Going public was (in my mind) a means for the top-dogs at CU to get cash from investors. e.g. David Hall cashing out on his involvement in the graded coin and card industry. Even though their stock price sucks, and will probably continue to go down, they don't really seem to have a cash flow problem, and probably don't have any such concerns.

Esp. since it is not a capital-intensive industry. They need people and little plastic holders, that's about it. Their costs of doing business are all service-based, and they have the flexibility to hire/release "lesser" graders as the market may dictate.

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