Bad Economy hits the Redskins

[Lancer]

Originally Posted by irish

BTW, a previous poster mentioned DS and not doing good with 6 flags. I have read in a few places that DS is much more interested in 6 flags for the real estate value than for running an amusement park. He couldnt care less how the park perform because the real $ is in the land the park is on.

If the land was worth so much, it would be reflected in the market cap of the stock. When Danny boy bought into SF, the market cap was like $1.6B. Now the market cap is $160M, which by my calculations is a 90% drop in the value of the business AND the real estate. So your argument is bullshit, and Danny Boy is stinging from the loss I can tell you. So is his brown-nose VP of football operations, Vinny, who investment most of his net worth into SF. Vinny can't see past Danny's ass, in both business and football decision making.