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Goodyear Rolls to Record
By Rich Duprey (TMF Cop)
October 31, 2005

When the world's largest tire company reported last week that its third-quarter earnings marked its best showing in seven years, it seemed to be the exception that proved the rule. Warren Buffett doesn't invest in turnaround situations because he considers them rarely successful; Peter Lynch, on the other hand, sees viable opportunities in turnarounds. The difference between the two approaches can be summed up like this: Turnarounds rarely turn around, but sometimes they do.

Goodyear's (NYSE: GT) results fall into the latter camp....
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