Posted by: hukka_nepali October 5, 2006
Dow @ Record High
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Mansion thanks for your input on TIE. With all due respect, I doubt if TIE's share will fall as much as $15 may be $20 at the worst (but even that I don't see possible with the currently trend of strong resistance around $23). There is just too much upside to the titanium industry and TIE as a company. It's biggest customers are aeroplane makers and upscale auto makers. Air travel took a big hit post 9/11 but it is slowly on its way up. TIE will make huge profit once the US airline industry clears it's bankruptcy mess and star ordering new air craft. As the world is getting smaller with each passing day, air travel is the way to go and you need titanium to build wider bodied fuel efficent aircrafts.
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