I'm pretty optimistic as I understand that the FY09 budget figure is $125 per barrel. Resin prices have dropped considerably based upon the raw oil cost, processing costs and lower catalyst costs.
A "rough" calculation for an average manufacturing facility with an estiamte of say 600,000,000 moulded parts per annum could yield a positive difference of around $100,000 per month in resin prices against budget. Multiply that by the number of moulding facilities in BD.....
Vanishpointinvestor; I'm assuming a standard resin silo is a few tonnes, which would be used in a few days so price changes would propagate through pretty quickly. I notice that you were also rating RVP a strong buy when the price was around $8.00!!!!
Judging from the last "lawsuit", RVP share price was decimated while BD stock rocketed by a huge percentage.
Also. I saw that you referenced "Vanishpointinvestor". Most of us who frequent this board have him on our "ignore list". I think you should probably do the same... He's someone who owns a whole bunch of that other stock and is trying desperately to increase its value by bashing a great company like BD.