Could not agree more. I think the destocking (customers way of adopting just in time inventory) is a very short term issue. Once inventories are depleted, they will have to repurchase, but thats what analysts harp on... short term issues. It could hurt the next quarter or 2 but thats it. Absolute worst case, earnings get taken down to $1.00, and we're looking at a $9 or $10 stock, at which point I back up the truck..With even a slight improvement, this thing trades at more reasonable multiples, and we're looking at an $18-$24 stock...
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