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Non-Tech
Owens Corning(OWC)Safest Buy On Wall Street?
An SI Board Since October 1997
Posts SubjectMarks Bans Symbol
62 3 0 OWC
Emcee:  Leo Francis Type:  Unmoderated
Introduction Market Data Compact
Stable Giant. Do you think that this could be one of the "safest" buys on Wall Street? Is this the stock to invest money in during these volatile markets? If you've seen those Pink Panther commercials, you've seen Ownens Corning. But they also now complete the entire building envelope with exterior, sound reduction, roofing, and insulation.

The Stock, over 80% which is owned by instituitions has languished due to the asbestos law suits. Since that issue is now resolved, and as OWC approaches its goal of 5 billion in sales, is OWC's stock going to appreciate? It is currently trading at only a PE of 7.
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62The title of this thread seems more than a little ironic now. I bought at 1/2 FLazarus_Long-10/7/2000
61It's a crapshoot and gambling from here.Softechie-8/5/2000
60Time to change the name from Safest Buy to Dumbest Buy on Wall Street.Mike Mercker-8/4/2000
59Anyone still follow this issue? Comments please.Softechie-7/26/2000
58 What scares me about OWC is the management seems content with their performanceLeo Francis-4/21/2000
57 Is this a good time to repurchase? PE of 4 seems too low to ignore. Or does itArea51-4/12/2000
56 Sold my OWC at 42 and change, and bought more LEIX! Thanks OWC for some nice diLeo Francis-7/28/1998
55 Tom, check out LEIX, if you want a low market cap to revenue value stock. Let Leo Francis-7/11/1998
54 Stumbled across this thread. Here is my 2 cents (Canadian). IMHO, this company Tom E-6/25/1998
53 I'm surprised nobody posted comments regarding the spike.-g- Good Trading ALeo Francis-4/19/1998
52 I don't like the idea of a CFO moving from the company I own, but I still LLeo Francis-12/17/1997
51 What does everyone think about another Exec. Manager leaving OWC? Do they knoHighway Jim-12/17/1997
50 You're probably right about the book value ... it just recently turned posiBrendan W-12/9/1997
49 Brendan, USG trades at 31 times book? Is this right? Seems too high. PE is alLeo Francis-12/9/1997
48 Have you guys looked at USG? I looked at both and invested there instead. GreBrendan W-12/9/1997
47 Still fighting the gap point of 38, but still looking strong. For those tradinLeo Francis-12/6/1997
46 I agree, OWC is cheap and a break above 38 confirms a move into the 40's. DR. BOND-11/23/1997
45 DB, yes, it seems only a few "non-institutional" investors are makingLeo Francis-11/23/1997
44 Leo..........Little lonely over here but I must admit OWC looks interesting!! HDR. BOND-11/21/1997
43 Nice volume. Seems investors are starting to realize the value. LFLeo Francis-11/21/1997
42 Showing strength with closing over 36 for a couple of days. LFLeo Francis-11/21/1997
41 Nice isn't it! And its still a bargain! Good Trading, LFLeo Francis-11/17/1997
40 >>Currently we are seeing a technical resistance at 35.<< 35 5/8 William Douglas-11/17/1997
39 OWENS CORNING (OWC) Quarterly Report (SEC form 10-Q) MANAGEMELeo Francis-11/15/1997
38 Yes, auto racing and bass fishing seem to be windows into America.-g- Have a gLeo Francis-11/15/1997
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