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The Company through its subsidiaries is a manufacturer and distributor of building materials, producing a range of products for use in new residential, new nonresidential, and repair & remodel construction, including products used in industrial processes.
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OptionXpert (86.76) Submitted: 11/02/06 1:59 PM : Start Price: $48.13 USG Score: 25.97
There are 7 new plants being built over next 18 months and 3 plant expansions in the wallboard industry. The price of Wallboard will drop the 50% of what it was in June 2006 in the next 12 months.Housing is not near the bottom until you see plant closures, layoffs and bankruptcies. I work in credit in the wallboard industry (not USG) and things are just starting to get bad.
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jensse (< 20) Submitted: 3/15/07 1:08 PM
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Do you thing USG will go bankrupt? Or USG taking marketshare after bankruptcies of others?Was the drop in price not enough?
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OptionXpert (86.76) Submitted: 8/07/07 8:00 PM
Never bankrupt again. Once the housing debacle is over they'll be king of the hill. Just don't buy in till Jan 2008.
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