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Old 04-03-2003, 10:46 AM
Billybob Billybob is offline
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Join Date: Feb 2002
Location: watertown ct.
Posts: 377
Default Re: JOHNSON / RUDE /BOMBARDIER=$$ WOES

Joe's right.Do you know how many companies are out there now, losing money, but with little options.For anyone not in manufacturing, believe me this is the worst, most protracted downturn in recent memory.
Companies that have made acquisitions which are not profitable now need to be in it for the long haul becuase they could never hope to sell without taking a huge loss.These companies typically show expenses on their balance sheets like depreciation which further increases their losses on paper.
That's why it's the big boys that play these games, and Bomb is big.I bet they'll ride it out.
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