
Snap Sinks on Revenue Miss and How Much Is Macy’s Really Worth?
CNBC's "Fast Money"
00:00
Is the Value of Mases Worth Negative?
The future of retail, in our opinion, is physical plus digital. Can you separate them? It's a short term reherses, long term decision as well. Our overall thesis calls for the digitization of mases and mases really acting with speed and more like an e commerce retailer. The market is sceptical. Mean, the multiple of mases being seven to eight times p e, it's very low. And it's not gettinga digital multiple, which is one to two time sals.
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