Our team at BloggingStocks works from anywhere and everywhere in the world, and I interrupted one of our great editors in the middle of Sunday brunch -- workaholic that I am -- and she was making French toast. How far would you go for the best French toast of all time ... how about Los Angeles to Portland? Even if I had access to that private jet, breakfast would probably be cold by the time I got there, but it would be worth it -- if my investments keep up their track record, I think a jet is the way to go! If they're really as good as she says, maybe I just pick up the talented chef and have her recreate the magic meal on the jet.

General Dynamics (NYSE:GD), maker of the Gulfstream private jet, is starting to look like a value. The current G150 jet will set me back about $14,500,000 for a 2008, but that's before any haggling. I'm sure I could get one for $14 million. I could also rent or lease an older G3 for between $3,500 and $5,000 a day, although I understand from the chef herself that it would be worth it.

If you are interested in the stock, it is much cheaper than the jets, closing yesterday at $88.18 a share. Private jets are just one of the many expanding enterprises at General Dynamics, and I am certain that with the war in Iraq, the government is going to have to replace all of its "toys" whether the troops come home sooner or later.

Continue reading Chasing Value: French Toast at 35,000 feet: Gulfstream - General Dynamics (GD)

Chasing Value: French Toast at 35,000 feet: Gulfstream - General Dynamics (GD) originally appeared on BloggingStocks on Wed, 17 Oct 2007 14:00:00 EST. Please see our terms for use of feeds.