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To: ldo79 who wrote (366664)4/25/2008 4:24:49 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
ooops COOPER TIRE HALTED, CUTS FORECAST
- Adjusting outlook due to the challenging economic environment and increasing raw material costs; says "Our current estimate is considerably below expectations."
- Consumers have reduced the number of miles driven in reaction to the economic slowdown, and subsequently are delaying tire purchases.
- Saw a decline in the volume of unit shipments in North America, particularly in March.
- Will increase focus on delivering cost improvements during 200

Who woulda thunk it, folks don't drive as much