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Flexsteel Industries Inc. Message Board

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  • pmlljl pmlljl Mar 15, 2002 7:10 PM Flag

    Doesn't aanyone care?

    poojing22: I hope I didn't break your bubble. Flxs only needed a little over a week to break the one year barrier for no messages. However, the company went for about ten years when the price barely budged even though the company made money and paid dividends every year. It also had a reasonable amount of growth and they also have conservative accounting and no debt. This company is unlikely to have any "impairment of intangibles" in 2002 which will go down in history as the year of IMPAIRMENTS. A wise financial advisor told me that smallcap value stocks do well when the economy is flooded with liquidity and coming out of a recession. That is now! So, while the market could only focus on tech stocks a few years ago, they will now buy smallcap value stocks as if they can't help themselves. Therefore, FLXS and other stocks like it will make up in performance what they didn't over the past ten years. You see, I had to post or be late.

40.22-0.21(-0.52%)May 23 4:00 PMEDT