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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (21421)1/12/2002 8:54:47 PM
From: Softechie  Read Replies (1) | Respond to of 99280
 
I've been watching this company for months now and very close in pulling the buy trigger as I think they will survive the storm. I'm going to wait a little longer and do more research. This is phase 1 in closing plants and laying off employees. I'm expecting phase 2 this year and then starting to load up. 2003 may be the recovering year for them.



To: Win-Lose-Draw who wrote (21421)1/13/2002 3:26:28 PM
From: mishedlo  Respond to of 99280
 
There was a chrysler bailout as well (that succeeded) but not until the stock had plunged significantly.

For might be too big to fail, but not too big to for the stock not to fall to $3 or 5. Right now we had a successful test of the low, but will it hold?

M


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