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Strategies & Market Trends : Value Investing

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From: JCMcClain28	3/19/2006 1:10:17 PM
	Read Replies (1) of 78748

This is about Federal Mogul...... As we all know, they filed for bankruptcy in 2001 after the asbestos findings. Their lowest price was 7 cents a share at one time, and they are at about 36 cents a share as of last Thursday. But at one time, they went all the way up to 90 cents a share before they dropped to their current price. Was there any certain reason for that? What are your opinions on buying shares of Federal Mogul?

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