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


To: Paul Senior who wrote (24342)7/17/2006 9:40:42 PM
From: Tapcon  Respond to of 78470
 
Well, I obviously jumped in too soon. Foolish trying to catch the bottom. I'm pretty close to stopping out and will try to catch the upswing instead.

FSS is facing more competition I've heard, from overseas.

They sell a lot of their product like fire engines and street sweepers and such to municipal and state governments, who unlike the feds, cannot run deficits. That fact seemed a plus. And the economy has been pretty good the first six months this year, with revenues pouring in at the fed level, presumably the same conditions helped state and local governments. FSS also received an upgrade to "market perform" from Barrington Research on June 26.

The Money Flow Index is also indicating FSS oversold condition.
stockcharts.com

I'd be inclined to hang in there a while longer if they had kept their dividend at 5%.



To: Paul Senior who wrote (24342)7/28/2006 10:08:31 AM
From: Tapcon  Respond to of 78470
 
FSS -- Might work out OK after all.
This morning they posted a loss for second quarter but beat estimates by 3 cents and reaffirmed guidance for year of up 10 to 15%... but caveat: seems to me I've read about this CEO's unbridled optimism previously.

finance.yahoo.com