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Earnings beat the street by a penny per share. That is wonderful news. As for the asbestos issue, Grace has somwthing in the neighborhood of $900 million set aside to deal with those unfortunate issues.
I can believe the punding this stock has taken for the amount of growth and revenue it generates.
Looks like the new world is forgetting about the true value stock in terms of 300% growth in a session. But when the dust clears, Grace and many of its value counterparts will be the ones laughing all the way to the bank.
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