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Strategies & Market Trends : Value Investing

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From: Paul Senior	10/25/2006 10:53:36 AM
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Upping my stub position in WIRE a little. Selling today seems overdone imo given company's pretty decent report. This company makes copper wire for commercial and residential. Perhaps people are looking forward now and seeing construction slowdown soon to affect company's earnings or stock as it has for so many others where "residential construction" is involved. Company's been profitable ten straight years, roe has been high past couple years, although it's unsustainable I'd guess. biz.yahoo.com

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