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Non-Tech : Owens Corning(OWC)Safest Buy On Wall Street?
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To: Leo Francis who wrote (45)6/25/1998 2:21:00 PM
From: Tom E  Read Replies (1) of 62
 
Stumbled across this thread. Here is my 2 cents (Canadian). IMHO, this company is a company that you could lose sleep over. Leave the litigation aside for one moment. The operating fundamentals of this company are:
1) HUGE overheads. They have to keep their furnaces going 7/24. Expensive.
2) Their product is used in homes and other big ticket items. When their is a hic-cough in the market discretionary spending on these items goes down.
3) combine points 1 & 2 and you have a company that can really leverage bad times if they occur.
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