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Non-Tech : Champion Enterprises - CHB - Manufactured Housing Leader -- Ignore unavailable to you. Want to Upgrade?

To: golfer18 who wrote (137)	8/10/1999 12:12:00 PM
From: pvz	Read Replies (2) \| Respond to of 147

Is there anybody left looking at this company? Every day my investment is dwindling to even lower levels as more and more investors bail out. The analysts haven't yet updated their expected earnings ($2.02) for the announced bankruptcy, but even after taking out $0.41 to account for this, the company is selling at just 7 times 1999 earnings, vs a 5 year historical p/e of around 12. Do the institutional investors who are pulling out so heavily have some information that I don't have? Are last month's 1/4% interest rate hike plus next month's expected 1/4% expected to have a really significant impact on future earnings? Or is this just a giant buying opportunity?