Gathering News And A Lot Of SteamBy
When Charles Pluckhahn first visited IDB Communications Group headquarters in Culver City, Calif., the straitlaced Boston money manager was taken aback by its "wild and offbeat" decor. But after meeting with Chairman and CEO Jeffrey Sudikoff and President Ed Cheramy, the stuffed buffalo head above the door, neon lights, and signs with off-color words bothered him no longer. Pluckhahn doubled his stake in IDB right after that visit last June, and now he's one of the biggest bulls on the stock, which has bolted from 14 a share in September to 23 on Feb 9. He thinks IDB will be 50 in two years.
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