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Non-Tech : MCL: Moore Corporation Ltd.

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To: Jack Banana who wrote (3)2/2/2001 11:50:14 PM
From: Kitskid  Read Replies (1) of 19
 
Moore is an old economy company that has fallen on hard times. It's a classic study of whether a "buggy-whip" manufacturer is able to adapt to a new age.

Moore has just changed some of it's top management and seems determined to find a niche in the age of the electronic economy.

The chart indicated that investors viewed the company as a good buy in late December and January.

What the chart indicates for the future, you will have to interpret for yourself.

After being in the trash-can for two or three years, a move of 100% in 25 days makes it look wildly over bought!
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