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Cogdell Spencer Inc. Message Board

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  • steveredlish steveredlish May 22, 2009 2:13 PM Flag

    guidance

    Makes sense. However, management is starting to worry me. It seems like such a great business model. Is this great idea -bad execution?

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    • After they bought Erdman, the credit markets dried up and construction projects were deferred or stopped and no new business; Erdman is now a drag on earnings. The business model seems fine, management seems fine, they just got caught with their pants down like 99% of businesses and investors in the world. When the economy turns, this company should turn... and it seems that the Democrats and Republicans are determined to get 40 million uninsured Americans on-line in near future... CSA should go from bust to boom within five years... i plan to accumulate while the market despises CSA