Olin - My favorite Company Message Board

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Non-Tech : Olin - My favorite Company

OLN 19.39

+1.4%

Nov 7 9:30 AM EST

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To: Fuzzy who wrote (88)	10/16/2007 1:48:27 PM
From: richardred	of 169

Anything is possible, down the road, seems more likely IMO. To me it would make sense for them to buy the Polyone CA Sunbelt joint venture with proceeds. A Winchester sale could be next. This metals sale was a surprise to me. Current metal conditions especially housing are fair at best. I don't think they wanted to wait for a turnaround. Metal assets were sold below book value. They are taking a write down on the sale. This was the bulk of the company's sales. This should make for a more profitable company. Earnings will strictly be tied to CA pricing now.

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