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Why Maryland's $1M MBA Fund Passed on Starwood

02/21/08 - 05:28 PM EST

HOT

Jonas  Elmerraji

So did the group think "HOT" (Starwood's ticker symbol) was as hot as Niyamosot suggested?

While the fund members see potential in the stock, they're not ready to sink their money into it until the DCF models are more in line with their targets. After a question-and-answer session with other members of the fund, Niyamosot will update her model and give the group the chance for a second take on Starwood.

With well over a million dollars on the line, it's no wonder that the Mayer Fund doesn't want to rush things. So until all 10 members can agree, HOT will remain lukewarm.




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Jonas Elmerraji is the founder and publisher of Growfolio.com, an online business magazine for young investors.

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