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Technology Stocks : Hudson Technologies HDSN
HDSN 9.070-1.3%Oct 31 9:30 AM EDT

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To: rustyjack who wrote (59)11/17/1997 8:37:00 PM
From: swrdfsh  Read Replies (1) of 108
 
HDSN is hard to judge becasue there is so little information. I don't buy into the arguement that the weather really affects their business that much. I think the market is punishing this stock because of poor earnings with the underlying reason being poor management. I read 1997 as an inventory management problem not a weather problem. The weather won't give this stock a bounce. Everyone knows spring and summer are coming. It's already in the stock. The market wants to see that management can turn things around, not get lucky with the weather.
I bought at $11 and have averaged down four times since. I 'm debating another buy. If HDSN ever gets back to $11, I'm golden. But, the other possibility is that it will burn all it's cash and file Chapter 11. That's the big risk.
This is a pretty weak thread. We're all in deep do-do here. Let's see if we can piece together a clearer picture of this dog!

swrdfsh
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