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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who started this subject	3/10/2002 9:24:14 AM
From: Joe Stocks	of 787

FWC- Listened to their last conference call. Can't say it was that good but they do have about $5 a share in cash and and a new CEO that appeared very positive about the company's future. Had a 10% increase in orders last quarter and a $6 billion backlog. Much bad news built into this stock. When or if they make the delayed preferred trust payment I think that will help move the stock. At the current price I think it is extremely cheap. Worth a look IMO for a longer term position play in my opinion. The abestos exposure appears minimal from what was said on the conference call. Joe

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