law&investing

1 Comment

    • ON: Mon May 5th 19:49 PM
      Commented on:
      Why I am Closing Chicago Bridge and Iron
      CBI is going to 55+; record backlog; management re-affirming; lehman re-iterated a buy w/ a 60 PT, 3+ dollars of cash on hand.

      A 15-20 p/e is not unreasonable for a 20+ % grower. PEG of .73 is much cheaper than MDR FWLT FLR.

      As far as a buy based on technicals I would be loading up here (37-39) w/ a stop at 35.00 or near the march low.
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