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DXP Enterprises, Inc. Message Board

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  • fabulouspoodle fabulouspoodle Jan 27, 2008 9:12 PM Flag

    OT OCCF

    smallcap4u,

    I own some OCCF going into earnings. This has seasonally been a strong qtr for OCCF, but their earnings are extremely lumpy, and its been difficult for them to put two good qtrs in a row. It would be great if they could do that.

    They are cheap. I think the biggest risk is the investment they have made in the start-up connector company. I didn't mind it at first, but now they have sunk around $3.5 million dollars into it, and it seems to increase quarterly. My concern is that if things are not going so well, (the connnector company is losing money), they will have to write down their investment.

    We'll see what earnings brings in the morning.

    Best.

 
DXPE
46.43-0.25(-0.54%)Feb 26 4:00 PMEST

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