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Author: kahunacfa Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 38  
Subject: Re: Investment Opportunity Date: 10/22/2010 12:43 PM
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As a recently new employee of Witco, I have the chance to purchase company stock throught the 401k plan. The company announced a fairly aggressive restructuring plan about 1 year ago and I was wondering if others throught this was a good purchase based on turn around potential. The stock has fallen more than 10 points in the last year. Reasons related to restructuring, Asian crisis and strong European currencies seem like reasonable explainations. I would be interested in hearing others thoughts on this stock.

Thanks,
MSJL714
- MSJL714 | Date: 8/3/1998 7:55:34 PM | Number: 37


I first noticed this Indian company today when it was mentioned in an International investing segment of CNBC today <le 22 octobre 2010. Although the P/E multiple is at outragious levels, about 48X, the company may have recovery potential.

No current investment opinion at all, other than a potential postive macro-level bias because of: 1. The Industry, and 2. Turn-around possibilities.

Kahuna, CFA
le 22 octobre 2010
Kailua-Kona, Hawaii
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