SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Foster Wheeler (FWC) beaten down but why -- Ignore unavailable to you. Want to Upgrade?

To: Paul Getman who wrote (1)8/8/1998 6:56:00 PM
From: Evan  Read Replies (1) | Respond to of 24
 
Foster WHEELER is one of a group of companies
such as FLR,JEC,SW etc who are chasing a tight
petrochem market.None of these companies have
done well for over three years.Clients have moved
to lump sum turn key bidding which leaves very
little profit at the end and plenty of risk.
Foreign competition also have different ideas
about profits than than US public companies.
No turnaround on the horizon.



To: Paul Getman who wrote (1)8/9/1998 3:45:00 AM
From: wolfgangl  Respond to of 24
 
Paul,

I would like to know the sources of your insight as book value and this press release, that they could not account for the plunge.
Technically it seems way oversold now. But I buy only procyclic.
We should watch it closely.

Thanks a lot for your most interesting response,

Wolfgang


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2024 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News