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Non-Tech : BMC Industries -- Ignore unavailable to you. Want to Upgrade?

To: RoadWarrior who wrote (334)6/9/1998 5:36:00 PM
From: Michael Burry  Read Replies (1) | Respond to of 359
 
My "goal" of book, may become reality. The company is certainly in transition. I'm surprised the analysts didn't expect the earnings shortfall, which seemed obvious. I didn't expect the idling of operations. But I can't say I'm surprised. Makes me think the Orcolite acquisition was more necessity than strategy, which makes the price paid make more sense though I can't say I like it.


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