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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (46235)1/19/2012 2:46:56 PM
From: gizwick  Read Replies (1) of 78748
 
It is a two to three year play, not months or weeks for sure. The company income has been effected by several patent infringement law suits they have had to defend, hence their legal bills have gone up. Over ten million dollars last year. They won all cases and feel their legal liability for the coming year is $500,000. Once this is all settled earnings and margins should both improve. Looking for a double from here over the next year or two if not bought out by Icahn prior. They have the products that the industry wants and are going back into the shrink wrap area as well ,now that their non compete clause from the sale of previous shrink operations has run out.
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