QUAKER FABRIC QFAB Message Board

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Non-Tech : QUAKER FABRIC QFAB

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To: Mad2 who wrote (166)	5/6/2003 10:36:16 PM
From: rogermci®	Read Replies (1) of 177

OK Mad...get a load of this. Price of QFAB before earnings and cc: 6.48, close today: 6.64. I listened to cc...Libienow had nothing bullish to say. Rather downbeat call. Backlogs down slightly, no signs of recovery, keeping costs under control, should remain profitable. Since then: Earnings est. for Q2 went from .25 to .10 Earnings est. for 03 went from .86 to .48 Earnings est. for 04 went from 1.02 to .68 Stock has moved up from 6.48 to 6.64. Tells me market has discounted worst of the news and senses a fairly robust economy going forward. Confirms my belief we're in a bull market (call it cyclical or secular, doesn't matter) and we're going higher. I reloaded and added on QFAB in low 6's on Fri. and Mon. Call me an investor now. JMO

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