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Re: south louisiana post# 403510

Thursday, 06/23/2005 11:39:22 AM

Thursday, June 23, 2005 11:39:22 AM

Post# of 704041
My thinking on DWA is that (1) they will postpone the secondary due to the weak share price and (2) they will average about $3 EPS/year in 2005-2007 with the bulk of the earnings coming in 2007. With that in mind , and thinking that a lot of the recent selling pressure is funds dumping before the end of the half, I would think a bottom would be close or maybe just happened. My worry is that after all this it will just be a momentum low.

As far as short-term news goes, I think Madagascar is in shape to do very well internationally.

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