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Lindsay Corporation Message Board

  • chioudog chioudog Jun 19, 2008 11:29 AM Flag

    there is at least another 25% downside from here...

    the valuation differential between LNN and VMI is ludicrous. on an ev/ebitda basis we're looking at a 25% decline from here at least. the earnings miss yesterday was so bizarre to me... even with the additional .09 on a tax benefit they fell well short. i'm expecting a huge downdraft going into the close today.

68.86+2.10(+3.15%)Jun 29 4:02 PMEDT