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.
Strategies & Market Trends : Paint The Table

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Original Mad Dog who wrote (5781)12/10/2001 1:39:12 PM
From: John Pitera  Read Replies (1) of 23786
 
OMD, the asbestos liability makes investing in HAL hype
dangerous. With so many liability claims and so many
of the companies that made the asbestos, in ch 11. The
Plantiffs go after the solvent ones.

I was talking with a very sharp investor last year when
Warren Buffet bought National Gypsum, which was very cheap
fundamentally and hey buffett is buying right.

But the company had asbestos liability exposure and sure
enough it was in ch 11 within a number of months after
The Buffett Buy.

there are two many claims in the industry and two few
companies left to pay.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext