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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: schzammm who wrote (7709)	2/13/2004 9:10:42 AM
From: ItsAllCyclical	Respond to of 108939

Again I don't follow it that closely, but a drop-off in sales was to be expected. They are continuing to change their business mix to exit or at least reduce US exposure. I still think they'll survive LT and I don't think we'll see new lows based upon this news. It'll just take a little longer for it to hit your target. When I first bought into RRI sub 2 I honestly thought it would be 15+ within a year. Around 8+ now still a great return, but these turnaround plays almost always take longer than you expect. Good luck whatever you decide. Will see how it closes today, but doubt I'll take a position in the near term.