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Non-Tech
FASTENAL: FAST
An SI Board Since September 1998
Posts SubjectMarks Bans
20 2 0
Emcee:  Adelantado Type:  Unmoderated
Introduction Compact
FAST sells over 51,000 different types of threaded fasteners and other industrial and construction supplies through 727 stores located in 48 states and Canada. FAST also operates tool and safety supply stores and combination stores. For the 6 months ended 6/30/98, net sales rose 31% to $243.1M. Net income rose 37% to $26.4M. Revenues reflect higher unit sales at existing stores and new store additions.

FAST is also featured by Stocksheet.com as 49th of all NASD listed stocks over $12 with the biggest expected percentage increase in EPS for this year. Not only that, FAST's 5 year earnings growth over the last five years averaged 32 percent, extimated to grow by 41% next year...a long term earnings record supporting top management.

Yet, the market has left FAST in droves, driving the asking price to its lowest in over 2 years: a perfect candidate for bottom feeders.

Anyone have an idea what's going on?

Joe.
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20Another dead thread for a stock that has been climbing a tad. Posting to see ifPatrick Slevin-3/24/2013
19Fastenal - any body out there interested in FAST. Have been in and out for sevekayco-3/17/2009
18Fastenal Company Reports Second Quarter Earnings biz.yahoo.com Wednesday July 12JakeStraw-7/12/2006
17Fastenal Sets Buyback biz.yahoo.com TheStreet.com Wednesday June 14, 11:51 am ETJakeStraw-6/14/2006
16 You were right. JoeAdelantado-8/2/1999
15 I got in today at the breakout at 44. It also took out the resistance at 45 3/8John Chapman-4/20/1999
14 FAST is recovering fast, up over 9% today. Joe.Adelantado-4/12/1999
13 I have followed FAST for a few years now and have seen a trend that occurs withFOOL4BUX-2/11/1999
12 Any comments on the latest Fastenal news? This should be attracting some attenTom J.-1/28/1999
11 We've been kind of flat for a while. Looks like the greed money went elsewAdelantado-1/8/1999
10 Walker, One more comment. The previous two split have occurred at the end of john-1/3/1999
9 Walker, I hope you are right. I was looking at pricing around previous splits.john-1/3/1999
8 Rise should take us to 60 IMHO (next 6 months) and then we should see another sWalker-1/1/1999
7 Well, you were right. We reached 45 by the end of '98. The shorts were leftAdelantado-12/31/1998
6 FAST is now 38 1/2 and holding steady. No news one way or the other. Good time Adelantado-12/10/1998
5 What do you see in HPH? john-11/1/1998
4 Joe, Looks like my post market THE bottom in the stock. I'm glad for sharBwe-11/1/1998
3 Great stock. When the shorts start to cover we should again see >45. john-10/28/1998
2 Seems like the bottom was found, and the price didn't like it: it jumped liAdelantado-10/14/1998
1 Hi Joe....I'm a former shareholder of Fastenal and am saddened to see the sBwe-9/30/1998
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