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Re: john302 post# 70

Thursday, 06/12/2008 2:23:29 PM

Thursday, June 12, 2008 2:23:29 PM

Post# of 541
Bottom-picking is treacherous. One is often wrong and gets stopped out. Or at least I do, anyway. But you don't have to get very many right to offset a lot of wrongs. I'm not saying it can't or won't go lower, but I think the company is basically in good shape, but is on sale presently due to market conditions. I appreciate your comment about the debt situation, and will check further on it. Hard to believe they'd borrow money to pay a big dividend, though, unless they're fighting off a hostile takeover. We'll see.

A good bottom's hard to beat.

e

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