This week, we spoke with Mark  F. Travis, CIO and Senior Porfolio Manager at Intrepid Capital Management. He gave us a look at some of the companies they invest in. The following is accurate as of 9/10/07:

1. Alberto-Culver (AV): “They had the unusual experience late last fall of sitting on a $25 per share special dividend, and then they spun off a company called Sally Beauty Products. Probably the most famous brand in their stable is Alberto VO5.”
2. Hanesbrands (HBI): “[After their spin off from Sara Lee] management is probably more focused and excited to run their particular business line out from u nder a big corporate umbrella…”
3. Jackson Hewitt (JTX): “If you’ve been in a Wal-Mart, they’ve got some little kiosks set up to help people file tax returns. They’ve had some reporting issues, but I think they’ve resolved those, and it’s given us an opportunity to invest.”
4. Tellabs (TLAB): “Tellabs  has always had a very clean balance sheet with good cash generation and we think that’s an opportunity.”
5. Connecticut Water Service (CTWS) “They’ve gotten a rate increase; they pay a nice dividend and have, I believe, since the 1950s.”

 For the full interview with Mr. Travis, including more information on how and why Mr. Travis and Intrepid pick stocks, click here.

This entry was posted on Thursday, September 27th, 2007 at 12:41 pm and is filed under General Investing. You can follow any responses to this entry through the RSS 2.0 feed.