Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1

The problem with Owens-Corning is not as bad as it looks. True a
rediculous lawsuit has a psuedo-lien on its assets and created a Ch.11
bankrupty.
The real measure of a company is not its assets but its ability to
make profits from its activities. What would a group of creditors do
with factories that are made to make insulation??? Ch. 7 is not likely to occur is it can be at all avoided.
The stock should and did drop in its market price. But in the long
run this company should prevail. I think this company will show explosive capital gains in the next 6-7 years. The market price may
well multiply by 10 or 12 times its present price in the market!!!
Print the post  

Announcements

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 Glassdoor #1 Company to Work For 2015! 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