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


To: muwis123 who wrote (22259)10/20/2005 10:54:22 PM
From: muwis123  Read Replies (1) | Respond to of 78570
 
TPX - The company reported earnings and mgt outlook is positive, especially on the international side. It seems that the sky is not falling after all. Mgt also initiated a stock buyback program equal to about 8% of their mkt cap, which I think a terrific idea at this level.

The stock should have a nice pop in the morning as the shorts run for cover. After-market trading shows the shares up 10% from the close tonight.