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  1. Why Wages Might Rise

    Knoll KNL reported a blowout fourth quarter to cap a standout 2006. We are placing our fair value estimate under review while we reassess our assumptions for this office furniture manufacturer. Knoll handily beat our expectations for 2006. The company's international operations grew faster than ...

  2. Alternative Strategies: Use Caution with Multi-Alternative Funds

    Knoll KNL has reported blockbuster fourth-quarter and full-year results that were above our expectations. We are raising our fair value estimate for Knoll to account for the cash generated in 2006 and the time value of money. Total sales for the year rose by 21.6% over the previous year, as the ...

  3. Healthy, Wealthy, and Wide

    With the stock market on a tear, finding undervalued stocks with large margins of safety is becoming increasingly difficult.

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