Foster Wheeler (FWC) beaten down but why Message Board

To: Evan who wrote (5)

8/11/1998 2:32:00 AM

Evan and Paul,

thanks for your posts. The only additional point that I can think of in order to explain current low valuation is institutional percentage held, which is 82% for FWC. This is very high. I observe similar constellation with other tanking issues like Brunswick and Parker Hannifin. Both have reasonable fundamentals, high institutional percentage held but are not in the oil service sector. Are institutions generally discharging stocks?

Wolfgang