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

To: Julius Wong who wrote (15)	9/10/2006 11:49:17 AM
From: bruwin	Read Replies (1) \| Respond to of 4080

I respectfully suggest that, irrespective of PEG's and a forward P/E of 10.3, TRN is carrying too much long term debt. It's post-tax Interest Expense, in its last Annual, is costing it the equivalent of nearly 30% of its Bottom Line. I'm sure shareholders would prefer more of their Bottom Line coming to them in Dividends, rather than going to the Banks.

To: Julius Wong who wrote (15)	9/10/2006 9:26:00 PM
From: pcyhuang	Respond to of 4080

Julius: Welcome to the Board. Thanks for alerting us to Trinity Industry as a contrarian candidate. pcyhuang

To: Julius Wong who wrote (15)	9/10/2006 10:28:33 PM
From: pcyhuang	Respond to of 4080

Hi, Julius: Based on my preliminary investigation, I have certain reservations about TRN as a timely and desirable candidate for contrarian investing. 1. Net insiders' selling of $226,072,092 worth of stocks since May 1, 2006. 2. TRN has not had a day with capitulated volume on the downside. "Unlike the other brands of contrarian investing, Huang relies heavily on computer scanning in identifying timely investment opportunities traded at unusually heavy volume, mostly on the downside of a value stock. The heavy volume is usually due to some unexpected announcements, either by the company itself or some external factors." pcyhuang