General Dynamics [GD] Has the base-Now what? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : General Dynamics [GD] Has the base-Now what?

GD 336.71

-0.8%

Dec 31 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Roy F. Baker who wrote (3)	11/11/1998 10:51:00 PM
From: voodooist	Read Replies (1) of 35

Well I wish that I had owned GD since l991, but I have short term traded it many times in the last few months. Great company. Doesn't the gov't owe them 1.3 billion as a settlement for the cancelled A12 program? I believe that it is under appeal. The brokerage house defense analysts haven't a clue about GD and during all these years I don't think there was ever a buy consensus on it! BTW, I like Newport News alot--they have a monopoly on nuclear powered aircraft carriers, which includes their mid-life nuclear refuelling. The stock has been basing in the 24-27+ range, while the company has been doing a large stock buyback. I think it may be ready to break out of that range. That said, I am very bearish on this market in general.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next