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Re: lentinman post# 15891

Monday, 07/11/2005 6:34:10 PM

Monday, July 11, 2005 6:34:10 PM

Post# of 173869
lentinman: IPII

Agree with you. In deciding whether to sell into this hurricane rally I put the PE on one side of the scale and the float on the other side. The PE side sank so I sold nearly all of my position. It is never a good thing to ignore a PE--forward or trailing. It IPII drifts back down to $17 or cheaper while there are no hurricanes in the forecase, I'll buy back maybe half of the shares that I sold. I think that the stock should've done a lot better than it did today if you take into account that float.

Construction stocks aren't high tech.

bbotcs
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