special situations investing

Wednesday, September 19, 2007

Bowlin Travel (BWTL) : Q2 Results Out - NIIIICE as Borat woudl say.

continued progress at bowlin... next quarter should be a clean one in strong seasonal quarter. can they make 4 to 5 cents in earnigns per Q going forward?... way overcapitalized and now with the cash on balance sheet to do somethign about it.. more cash should wash up their shores, given the nature of the business..

Travel Centers of America (TA) serves as a useful comp and investing idea in its own right.. just a much bigger version of BWTL and less funky

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