RPM, Inc. (RPOW) Message Board

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Non-Tech : RPM, Inc. (RPOW)

RPM 108.44

-2.8%

3:59 PM EDT

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To: Investor2 who wrote (40)	6/26/2008 4:51:47 AM
From: Lance Bredvold	of 50

I notice that the months after quarter's end and before earnings are reported have had significant declines in this and the previous 2 quarters. Followed by above expected earnings. I suspect it represents fear of the consumer housing market slowing down plus inflation's effect on RPM. And just a general feeling of angst in the market of late. Plus an analyst lowered his opinion on RPM a couple days ago and that seems to scare enough people that the price often takes a hit. So this quarter seems to have suffered a more rapid decline than the previous two, but I am not overly concerned and will buy again at $17.86 where I bought in Nov of 07 should it get there again. Actually, I believe I'll buy at a price higher than that since we've had 2 quarters of earnings which are better than I expected since I decided $17.86 was a good price. On the other hand, the market has declined some more so that I might be able to buy cheaper. .76 dividend on an $18 share is well over 4% also and that is a good return from a company I regard as quite safe. I guess I'll begin buying if the price gets as low as $19. Best, L.

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