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Gold/Mining/Energy
Loewen Group
An SI Board Since August 1998
Posts SubjectMarks Bans Symbol
11 1 0 LWN
Emcee:  Hassan Lakhani Type:  Unmoderated
This former market darling has really taken a hit. SCI thought it was worth $45 US a year and a half ago, but now people are selling it at $15 US, a considerable discount to book value (according to Daily Stocks). I have found that the point in time when a stock is most out of favour is often the time to buy in. Have we reached that point with Loewen? All opinions and comments welcome.
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11 I suspect the death rate decline was related to the unseasonably warm winter - Bob Rudd-2/21/1999
10 I hope you are right, however, it is equally possible that the creditors will tSteve Johnston-2/21/1999
9 Assume the company doesn't make it and they break it up and sell it for 50-William Whitehead Jr.-2/21/1999
8 Steve you can find a discusion on this company in the Misc(General): sam Sam-2/21/1999
7 Although death rates are down right now now, it doesn't take a genius to fiSteve Johnston-2/20/1999
6 Thanks Steve I jumped in for a couple k...as a chance like this comes only ounSam-2/20/1999
5 This sucker has taken more recent hits than the Bismark. Hopefully, it doesn&#Steve Johnston-2/19/1999
4 I have been away for the last month ,noticed this thing in the 2.50 range and tSam-2/19/1999
3 last chance to short it over $3.00.RIP Loewen.JJ-2/19/1999
2 Just the bottom fishers - there are a lot of high profile individuals and compaZidor-2/19/1999
1 Anyone still out there on this one? CurtisTupulak-2/19/1999
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