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"
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