Sat, Sep 20, 2014, 3:37 PM EDT - U.S. Markets closed


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

Itron, Inc. Message Board

  • john0602 john0602 Sep 14, 1998 4:59 PM Flag

    i am buying down on a good stock

    i bought in at 10 1/8 and bought somemore at 7
    1/8. i figure that if this stock was a good buy at 10
    1/8, then it is a great buy at 7 1/8. this stock is
    going places and that is why i am in for the long


    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The advantage is that Itron will be able to sell ERT modules through Schlumberger. Essentially they picked up a new customer in the deal.

    • Griff:

      I didn't say anything about where
      management has started to cut, nor did I offer any opinions
      as to what I thought about management's cutting R&D.
      Therefore, you may beg all you wish but I don't see how we
      differ. ggg

      Yes, Itron is a high tech company,
      however the industry they serve is conservative when it
      actually comes to buying something. So even though high
      tech, the market for their products is conservstive. A
      tough sell, as Itron and their competition well know.
      skep p.s. I've been going longer today, so I guess we
      do have a funamentally different veiw of Itron's

    • Skep:

      Management has bitten the bullet by
      cutting R&D. In a high tech company, this is
      IS a high tech company, isn't it? ITRON ain't a
      startup. A $60 million quarter represents significant
      sales...they either don't know how to price it, can't produce
      it efficiently, or can't adjust SG&A to match
      conditions. Most concern to me, as one who has been in the
      business, is that the market won't pay the needed price.


    • Griff:

      Current management has finally
      bitten the bullet and is cutting costs. It's always
      difficult for a small, growth oriented company to admit
      that they have been overly optimistic and then
      actually start to cut costs. skep

    • Skep, I have been long this stock twice. I
      believed the story. (Actually, I was involved with an AMR
      project sponsored by DPL in the late 1980s.) The most
      disasterous was the first time when I bought it at 29 and
      rode it all the way to 56 and back down

      After their lastest profit miss, I shorted at 26. I am
      now more than whole. I have a tight stop...but I
      won't tell you where it is<G>.

      management MAY make me reverse the position...depends on who
      and how talented.


    • " i figure that if this stock was a good buy at
      10 1/8, then
      it is a great buy at 7

      oft repeated faulty logic. you thought it was a good
      buy at 10
      and it went *down* instead. you reckoned
      wrong the first time
      and are using that decision to
      justify buying more at 7.

      "Today's confirmation of
      Itron teaming with Schlumberg was a
      step forward
      for Itron."

      more like a step in line with
      everyone else. as someone who
      has worked at both
      cellnet and whisper once said, schlum is a
      they'll sign up with anyone (they've got
      with itron, cellnet, *and* whisper).

      to be
      fair, theyre a meter subsidiary trying to hedge their
      who knows who'll survive, if *anyone*, in the AMR


    • I bought some at $13. I don't know why it has gone down so much.
      It seems like it could take off with all of the technology and new orders comming.

40.29-1.05(-2.54%)Sep 19 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.