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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (18100)12/1/2003 12:55:41 PM
From: Paul Senior  Read Replies (2) of 78493
 
Buying a little HPC this am. That's Hercules, not the old Hewlett-Packard Company. whose acronym we old-time calculator users remember. HPC is very strong in pulp/paper specialty chemical business - not that the pulp/paper business is an exciting growth industry though. Looks like HPC is beefing up its other niche businesses too. (Aquistion announced today.)

HPC has okay p/sales number (imo), and its forward p/e (12/2004) is under 10. In good times (apparently 1999-2001, for example). the stock (now about $10.+) has sold for $20 or more. HPC's chemicals and expertise will continue to be used in a variety of industries. I'll bet this stock might trade again at $15 or better, sometime when/if the general economy picks up.

finance.yahoo.com
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