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Stocks D / Ducommun Incorporated
|Subject: Re: Recent Price Rise?||Date: 8/27/1997 11:47 AM|
|Author: mrzerog||Number: 22 of 35|
I don't have any further insite into why it continues to perform counter to the market.
I would naively say that it is because of the obvious stuff: net sales increase (36%), good backlog of work for solid customers (Boeing, McDonnell Douglas, Grumman, Northrop, Space Shuttle, etc), good management (sales expense decrease). People look at the record and like it.
You pointed out a while back that the company record was lackluster until the new mgt appeared on the scene in 93 or 94. Since then it has been all up from lower left to upper right on the chart. Momentum buying may be part of the formula for DCO's success.
International Business Daily always shows the DCO line in boldface with good numbers.
If there is some inside stuff that keeps the trend going, I don't see it.
From the post's on this folder at least you and I are happy with the performance even if we can't analyze if further.
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