SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Pillowtex Corp. - PTX

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: M CAHILL who started this subject10/23/2000 1:40:16 PM
From: scott_jiminez  Read Replies (1) of 27
 
~40% down from recent highs and no news. In light of my previous post, these swings are the nature of the beast with the current volatility in this market (and no news releases)....especially for small cap, financially distressed companies.

According to posters on Yahoo, there was a Charlotte Observer article last Saturday messages.yahoo.com that denied rumors of the CEO's ouster and suggested the company was, in fact, sustaining its momentum towards a significantly improved financial status.

Perhaps silly common sense here, but with high fuel costs virtually a certainty this winter, it would seem the sort of linens etc. that PTX sells would be in exceptionally high demand...to counter that lowered thermostat. But common sense and investing having a very tortured history together.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext