Sun, Apr 20, 2014, 8:42 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

The L.S. Starrett Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • pmlljl pmlljl Jun 13, 2003 4:04 PM Flag

    Legacy costs:

    I understand your analysis and thinking but the market has little confidence in the management of the company and its ability to fight off foreign competition in its industry. I suspect the market is right, at least for now, and they are driving the stock to new lows on increased volume. For now, I think it is at least partially a matter of priorities. With the company's business under siege in a weak economy, management will most likely try to save itself and as many employees as it can. With the continuing demands to fund healthcare costs and retirement costs, there will be little if anything left for shareholders. I am glad I no longer own this stock. But, if prospects brighten, I will consider it in the future.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
SCX
15.98+0.49(+3.16%)Apr 17 4:04 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Weibo Corporation
NasdaqGSThu, Apr 17, 2014 4:00 PM EDT
Pfizer Inc.
NYSEThu, Apr 17, 2014 4:00 PM EDT