Thursday, April 28, 2005

Real Estate As A "Hidden Asset"

Intrawest, one of the 800-pound gorillas of the ski industry, is also a stock with hidden assets, according to an investment advisory service. Its "extensive" real estate portfolio -- it's the outfit that owns Whistler in British Columbia (biggest ski area in North America) plus others -- is listed under market value. Thus IDR has got upside potential, says Morningstar.com.

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