Does anyone know when the company can start its share repurchase plan? This seems to be the only thing in the near future that can cause this stock to rise.
Thanks in advance.
I beleive the two fundimental negitives are fully
discounted in the stock price. They are an over leveraged
balance sheet and a poor aerospace market for the next
Tax selling essentially complete. I expect
the next move to be up.
It appears that 1999 eps
estimates range from $1.00 to 1.55 with most around $1.40.
This type of result should raise the stock to the mid
teens in 1999.
I'm long the stock @ $7.50
I really don't think HXL will go lower than it
did today. I had waited to see if I could get it in
the $5-6 range, but I gave up waiting. I bought today
at 7 5/16, and I hope that it's starting a gradual
uptrend now. I made a lot of money before buying around 4
and selling well before the long slide into oblivion.
Wish I'd got out at 32, but I was close enough that I
Thanks to a tip from someone
on this board, I bought some WYG (formerly WYMN) and
have seen it slide about a point and a half--though I
think it too will start to pick up. Looking at the
brief profiles of the two companies given on the Yahoo
listing, it seems to me that HXL is a lot stronger, though
it's price is only about 70% of WYG. Maybe there is
genuine concern about HXL's ability to service its debt
or probably more realistically to post earnings
after servicing its debt. But I think that those who
get it now at or near the bottom will be rewarded,
and I think(hope) the rewards will start coming
sooner rather than later.
Price Earnings : 5.0 !!!
Price to Sales :
$.29 buys you $1.00 in sales !!!
potential: Buck or Two at most,,,
production facilities : 1st class
Percent of shares held by two "Strong Hands"
intend to buy , buy buy!! If the shares go back up to 12
by year 2K , as suspect they might, then I
am VERY happy camper..
OR you can buy some
Internet stock at 300X earnings and major craash
Agree that low has been reached. Suspect
"Nscoul's" observations are fundamentally sound. Boeing's
problems and concurrent market plunge of late summer --
they hit this stock hard. What could hit it
Frustrating thing is that we may need to wait out Asia before
this one recovers in any meangingful way,
Action yesterday encouraging but one day does not
a trend make. Good news is market & BA dropped but
HXL held it's own and did not break to new lows. IMhO
stock is OVERSOLD but could remain so. Support in low 8
to high 7 range and bounce from here definite
possiblity. If Brazil tanks all bets are OFF! If it breaks
its support I don't think down side that great from
these depressed levels. Stock made nice recent run to
low teens; hoping for repeat. Either way, I'm ready
There will be a minimal amount of tax selling due
to the volatility of the stock market over the last
2 months. Forget about seeing 5's or 6's in this
one. The low for the year has been reached... I
believe that most of the tax selling has taken place.
Taking book value into account, October low of 7 7/16
durring the worst sell off this year, tells me that the
lows have been reached and its up from here. Look at
the action on Thursday, lots of support. Stayed above
the low on Wednesday. Yes HXL LONGS. This is the time
to BUY, while the stock is down.
Currently I don't have a position. Fundamentally
I like the company and think it has very good
potential for its stock price to rise again. (Several years
ago I bought under 5 and sold when it was 24.) I
think I will buy again and I hope to make that kind of
return again. But for the time being, I plan to wait to
see if the stock drops to $5 or $6 caused by year end
tax selling. I am not trying to depress the price and
not trying to encourage anyone to sell. Long term I
think it's a good investment, but I suspect it'll go
lower than it is now.
Odds are I'll be long in
Haven't seen your posts since ADPT months ago.
Market is crazy. Remember last Aug/Sept after LTCM no
one wanted money center banks...wish you bought in to
CCI, LEH, JPM then huh? What about techs?...ditto.
Everyone, myself included, looking for the bear in OCT.,
surprise, Surprise, SURPRISE. I've been in/out TD, CCI,
WDC, KNT, VSH, MLS yada. The very fact that HXL along
with all the oil service stocks has reached this
degree of pessimism is reason to establish PARTIAL long
position. Deeply oversold IMhO with downside 1-2 points &
upside much greater. Can't say what I would do if it
drops to 5-6; at this point I would likely average down
but could sell if situation changes.