Strategic Hotels & Resorts, Inc. (BEE)

[Huggy Bear]

No you are surely not. I have been long since the days of the bottom out around .75

BEE is certainly poised to recover fully now, and i didnt care a bit when they sold 2 of those hotels to hang tight thru the crash times.

When they reach 80-85% room occupancy then the EPS will return and the PPS should start picking back up quickly. I dont expect to see the days of a $10 PPS again anytime soon, but i think that minus those two hotels in mexico a fair valuation for the stock is around $8.

Good luck!

malc