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Non-Tech : Olin - My favorite Company -- Ignore unavailable to you. Want to Upgrade?


To: Fuzzy who wrote (81)7/10/2007 12:44:59 AM
From: richardred  Read Replies (1) | Respond to of 170
 
Just from my past experience and the past 7 years. Just above 20 is a good point for me to take profits. For Olin to break 25. IMO the metals group, the biggest part in sales. The Metals group will have to participate earning what past historical high averages have been, around (50-60 million YTY). CA has been carrying the load for years, and with the new acquisition, for years to come. I like the recent acquisition in CA. Great profit margins and not labor intensive. For Olin to pay down debt if the acquisition is completed. I wouldn’t be surprised to see Olin sell Winchester, to another domestic arms company. It will probably break 25 now that I have sold. <G>
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