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Non-Tech : Foster Wheeler (FWC) beaten down but why

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To: wolfgangl who wrote ()3/17/1999 11:31:00 PM
From: Loretta Fern  Read Replies (1) of 24
 
Spoke to an employee of FWC for some background on the company. FWC has been around for 110 years and have fairly conservative management. The main point he made is that they are best as a niche player in the petrochemical arena. As this sector comes back they can do quite well. Have the best of technologies in areas that I am not familiar ie. delayed coker technology. FWIW he was buying more of FWC's stock.
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