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Dixon Ticonderoga Company (DXT) Message Board

  • pmcmurrell pmcmurrell Oct 26, 2002 9:07 AM Flag

    Still Hanging On to This Stock

    OK, the debt crisis is past.

    Sandusky is to be closed.
    Mexicans learn to make crayons and pencils.

    So, what does this mean for stockholders.
    {1} No immediate illiquidity.
    (2) Mexican connection to be solidified.

    Don't know if value means anything! Book value
    intact for the moment (I hope).

    I think they move the crayons and pencils all to Mexico. They sell the Castle Refractories Div. They get listed on the Bolsa. They delist on the ASE. They work with Mexican officials and steal "uh, ketchup packets from McDonalds."