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Mr. Rendino of Merrill likes to shop for turnaround plays, good companies temporarily stumbling.
The buyout of the bridal gown retailer is the latest industry buyout, as private equity firms hunt for turnaround plays.
Turnaround Plays For 2003.
Here are two current turnaround plays.
Until recently that was a reason for staying away from turnaround plays like these.
You can make good money on turnaround plays, even with stocks that have run up.
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"Morale was broken, and the investment was seen as a real turnaround play," said Aron, a longtime executive at Apollo.
Opposing N.F.L. teams say that the short turnaround -- playing on the previous Sunday and then having to travel to Detroit or Dallas to play on Thanksgiving -- gives the Lions and the Cowboys a competitive edge.
So, gone are the short turnaround play-in games that immediately cut the field by a third while nobody's watching (the two day ticket sale lead-in to Halloween games had some predictable attendance outcomes).
The pivotal turnaround play that Tuck had wondered about came next, when Kansas City's Dexter McCluster caught Steve Weatherford's punt at his own 11 and began a spinning, zigzag return, eluding several Giants who dived at his feet as he ran up the middle.
Now the company is a turnaround play.
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