This Panther Is Ready To Pounce

Read the full article at: http://valueplays.blogspot.com/2007/03/this-panther-is-ready-to-pounce.html
(via valueplays.blogspot.com)

Owens Corning (OC) held an investors conference on Wednesday, March 7th.. These things are usually a regurgitation of the most recent earnings call and to be honest, rather dull but, there were a couple of important take aways here that have me more enthusiastic about my investment than ever:

Management estimates income from operations in 2007 to be $415 million ($4.02 a share), down from $433 million ($4.20 a share) in 2006 for a 4% decline. Bad news? No.