Reply to post: Re: "private equiteers did alright"

Australia's Dick finally drops off

Anonymous Coward
Anonymous Coward

Re: "private equiteers did alright"

Absolutely. And just as amazing is that people bought the shares from Anchorage. There are really that many people out there with that much money between them who don't look at why a failing company has magically turned around in 24 months under a private equity company's custodianship. I looked at it and couldn't see a viable business. Their web presence was second rate, every store looked poorly kept, their prices couldn't compete and their product lines were entirely mainstream. They were being eaten alive from every direction by companies that were reading the market better. Online or offline, there was never a compelling case to buy from DSE.

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