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Re: eastunder post# 264

Wednesday, 09/12/2007 8:51:50 PM

Wednesday, September 12, 2007 8:51:50 PM

Post# of 380
you watch bloomberg TV?
This is from the HSOA yahoo board, so hard to know how true it is, lol:

Joe from R&R on Bloomberg NOW (2 Ratings) 12-Sep-07 07:38 pm It was a brief segment but here's the summary -

1. Sector is out of favor - mentioned HD and Centex are biggest customers (bad trends with those two)
2. 20M shares short
3. best short argument is around liquidity, quality of revs (A/R)
4. He said they have a 10X interest coverage ratio and that's as good as you see with anyone. I guess that means they're bringing in enough to pay interest on debt 10 times over?
5. HSOA can take on a lot more leverage and should have no problem servicing existing debt
6. Reiterated $9 price target
7. Think they can and will gain additional borrowing capacity
8. The host said they "will follow Home Solutions very carefully now"

Small Cap plays: #board-865
Big Board plays: #board-711

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