Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: mdsawyermd Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3794  
Subject: Re: Additional stock issue and value Date: 9/2/2004 2:31 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Thanks for the reply. I do hold a few shares; the stock initially looked attractive because it looked as though it was beginning some solid growth that would likely continue, and it has a low P/E compared to the rest of the industry (less than half). So I'm speculating that it's got great growth potential and is undervalued. It's debt ratio is a bit higher than the rest of the industry, so the stock sale looked like a good move to me, but I was (obviously) concerned about the effect it would have on the price of existing stock. In the news release it states that all the net proceeds will go directly to pay down debt, and none will go to the company. So holding on sounds good to me. :)
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Kate Spade's Wild Ride
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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