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Old 07-13-2005, 12:43 AM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Scottsdale, Arizona
Posts: 224
Default Re: Doyle Brunson\'s bid for WPT...

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Is WPTE a good buy? Sounds like they're pretty much at or close to their peak, and are probably trading way beyond that.

I mean, seriously, how much more poker can we have on TV?

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I think the WPTE's financials should improve as they renegotiate TV contracts, it's my understanding that they signed "bargain basement" deals that are worth much more now (someone correct me if this isn't true anymore).

But my guess is they are still way over valued right now. They need to show much much higher earnings to justify this stock price.
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