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The Timken Company Message Board

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  • Crushalot1 Crushalot1 Sep 19, 1998 10:18 PM Flag

    time to buy?

    Not to rain on anyones parade but the fact that
    this company is selling around "book value" is
    meaningless because in a capital intensive industry the odds
    that a company can sell its assets at the carrying
    price is ludicrous. So I hope nobody is buying on that
    info alone. Also, I am new to following this stock and
    have read many messages regarding future price but no
    reasons as to why it should be valued higher then it is.
    Please back up your opinions with reasons otherwise your
    just cheerleading.
    I hope this doesnt offend
    anyone. Thanks

34.40-0.06(-0.17%)Oct 24 4:02 PMEDT