Thu, Jun 20, 2013, 2:05 AM EDT - U.S. Markets open in 7 hrs 25 mins
I am a buyer tommorrow
Full year earning will be reduced by 0.33 because they came out 0.37 instead of 0.70, soit should be $2.29and if P/E of 7 is given, MDR will be worth more than $16.00
JEC is great as well..MDR is trading down with oil in addition to the underperforming earnings..Looks like the market wants to give them a p/e of 5
so does jec and they are in the same business,reported a 36% growth in income and said the future looks bright on their increased backlog.Hey I own mdr at 63 and I am bailing to flr of jec.