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

Cooper Tire & Rubber Co. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • DONEDEALER DONEDEALER Jun 19, 2000 6:14 PM Flag

    sales down????

    On 4/28 (msg 718) you advised Albany
    plant at
    capacity and all tires sold.
    In recent messages you
    advise Albany
    plant has cut back and tires are in
    warehouses. I can't reconcile your comments.

    I can,
    however, tell you that the
    stock market is 6 to 12
    months ahead
    of what's happening. In August
    1990 at beginning of recession CTB
    bottomed at
    6.25. It rallied about
    30% in September, then
    retested the
    low in October. Two months later
    it has
    rallied about 100% to 12 and
    by year-end 1991 had
    doubled again
    to over 26.

    March 2000 CTB
    bottomed at 9.50,
    then rallied to about 14 in
    May. It is now retesting that low.
    I would be
    amazed at a quadruple to
    38 by year-end 2001 but
    expect a
    price approaching a triple.

    The time
    to buy is when the bad news
    is in the market.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • when orders cant be met on time customers go where they can be....been producing to many cooper brand name and falling behind on other customers i here

    • "...the time to buy is when the bad news is in
      the market..."

      I totally agree. Unfortunately,
      it's a little difficult to determine when that point

      But what we are seeing in the economy now is a long
      way from bad news. Today there are only harbingers of
      bad news seeping slowly into the

      You'll know when bad news is here because there won't be
      any more talk of "I'm in it for the long haul". There
      will come a time when people will never want to hear
      about the stock market again.

      A bunch of
      gamblers have stubbed their toes this year and they're
      crying "blood in the streets". Well, when their jugular
      veins get slashed somewhere down the road then they'll
      find out what a real bear market looks like.

      What we've seen so far is like having a picnic in the
      park and being upset about a couple of dandelions
      sprouting along the path. Reality will hit when the big
      bear comes along, eats your lunch, and then defecates
      in your picnic basket.

31.35+0.40(+1.29%)May 24 4:02 PMEDT