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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (32519)2/5/2009 1:14:21 AM
From: Paul Senior  Read Replies (2) of 78748
 
TXT. Man, brutal out there for some of these businesses/stocks.

Sorry I ever mentioned TXT here (And sorry I bought shares, although I am out as of late last year.)

I shake my head and wonder: is it possible TXT could go under? Strong defense business, at least ten years of profits reported. 'Til now. Okay, helicopter biz is in trouble (US Army cancelled an order late last year), golf carts - yech, Cessna - it's hurting. And TXT's finance arm - it's really hurting them.

Lordy. Maybe not crash AND burn, but jeez, what a crash for this conglomerate: 60 to 6 in a year:

finance.yahoo.com
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