Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: notstock Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 38  
Subject: Bamboo Date: 9/15/1999 3:36 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
The problem with stumbling upon a stock and declaring a strong buy is that you have no history.

Ryder has sold its car carrier division, consumer rental, bus division, and stripped its rental fleet to nothing to become a "non-asset" based company. This is the reason its credit rating has suffered - no assets to secure operating capital. Currently its logistics and leasing business is suffering. Ryder historically bounces between a market share and margin based selling strategy - whatever it takes to keep the shareholders at bay. This has created a second rate sales force.

I will give you this much, Ryder could be a great company again, if, and only if they get rid of Tony Burns. The lack of vision and leadership is ultimately the reason this stock will never see $50.00 again.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement