Alsin Touts Georgia Gulf, Gateway, 1-800-Flowers

By Douglas A. McIntyre Updated Apr 14, 11:15AM EDT · Published Jan 25, 3:12PM EST

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Stock Tickers: BBI, GGC, GTW, FLWS

Arnie Alsin, founder of Alsin Capital Management managed to move several stocks today when he appeared on CNBC around 3:00 PM EST. Normally just a "portfolio manager getting to tout their stocks they are in long-and-wrong on CNBC" is something we won’t cover, but when guys call for doubles or more on TV it makes the stocks get noticed more often than not. Alsin also appears in many publications, so he might get more notice than other Portfolio Managers who are long and wrong.

Georgia Gulf (GGC-NYSE) could run 157% to over $50.00 according to him, it’s at $19.50 now. He thinks its only about 1.5 times EBIDTA and 4-times cash flows. He thinks its a reverse LBO as they are paying down debt.

Gateway (GTW) could go to $5.00, it’s at $1.98 today. He thinks the business has been shrinking and someone could buy it. Alsin thinks that the value is north of $5.50, and after he noted this itran over 3%. I noted this one yesterday after the run in Sun Micro (SUNW) potentially making people look back at this one. It doesn’t matter that I am not a believer.

1-800-FLOWERS (FLWS) could go to $11.00 to $12.00, it’s at $6.88 today. He thinks it has been growing and the cost controls are now the emphasis. Yesterday’s earnings were good and he thinks they’ll grow.

One tease that wasn’t discussed that they may note again was a potential double in Blockbuster (BBI). We’ll see.

Jon C. Ogg
January 25,2007

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.