SUMMA INDUSTRIES (SUMX) PLASTIC! The Future? Message Board

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Non-Tech : SUMMA INDUSTRIES (SUMX) PLASTIC! The Future?

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To: Wade who wrote (124)	3/28/2000 10:36:00 PM
From: Wade	Read Replies (1) of 148

I just listened the recording of the first part of the Feb.18 conference call. SUMX will see lower than expected earnings in the next several quarters due to some extra charges. I believe this is the main reason for the recent weakness. However, I consider this is the best opportunity to accumulate such a nice company at pull backs. As you can see the panic selling was always supported by buying at the daily chart. It is a steal below $11, and it is robbing-a-bank below $10. I hope our company quickly pay down the debt so that we will see fast earning growth. Good luck and be patient. Sincerely, Wade

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