Recent

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

E. I. du Pont de Nemours and Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • funkybrooster funkybrooster Dec 27, 1997 9:58 PM Flag

    Now or Later

    I see no reason for it to stop its decline.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Is DD going out of business? Are there less plastics in our future? Will Conoco run out of oil? Are the earnings projected to go down? Click on the buttons for quotes and research to get an idea of analysts expectations (but I admit, no guarantee). DD is cyclical so if it goes back to the low 40s, thats a good time to buy. But even now is OK since companies like DD generally grow at an average 7-8% a year and a long-term investor should still make money.

      • 1 Reply to billk18
      • The cyclical nature of DD is not limited to the stock price alone. The average senior level executive is in his position for
        ~ 2 years before moving up or out. With this short time frame, dramatic moves are the ones that draw attention from investors.
        With a new senior management team in place, reportedly with a list of 30 ways to improve the company (read downsizing/cutbacks,
        etc.) it is probably only a matter of time before the items on the list are used. With a CEO repeatedly voicing a 15% investor
        return goal, and a company averaging 7-8%, don't expect complacency. Any dramatic moves by management will undoubtedly provoke a
        move in the stock. The direction of the move is anybody's guess.

 
DD
51.50-0.34(-0.66%)Aug 31 4:02 PMEDT