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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (21443)6/11/2005 9:40:18 PM
From: Broken_Clock  Respond to of 78744
 
I've read some really horrendous predictions for steel lately so I've never jumped in on SIM though I have it on the watch list. Maybe this sounds naive, but I thought being a Mexico based company would give it certain advantages in a steel downturn. Cheaper labor being one of those reasons. Very low P/E another. Strong growth in Mexico being 3rd and ya gotta figure Mexico will look after SIM first if push comes to shove.

Mind me asking what got you going?