javasaurus: (Default)
javasaurus ([personal profile] javasaurus) wrote2004-08-31 01:00 pm

Six Flags over Redskins?

Apparently, the Redskins are buying a large chunk of PKS (that's the stock ticker for Six Flags). They have at least 9% and are buying more!

WTOP article here

[identity profile] javasaurus.livejournal.com 2004-08-31 02:22 pm (UTC)(link)
Never seriously considered investing in Six Flags (PKS). Their business model is two chaotic, and the quality of their product is too slipshod. That's one major reason for investing in Cedar Fairs (FUN, they own Cedar Point, Knotsberry Farm, and others) -- very stable growth over their entire history, good dividends, great business model, well-maintained product, etc. Disney (DIS) would be another to consider, but their current business practices are a little off -- I'll consider them more once they stabilize.