> It depends. In short, MRO is a well-run integrated with a track record
> of good cash flow and dividend payouts.

> If you believe that the current market is overbought and due for a
> correction of some sort, MRO is a tad pricey. My cost basis is $24 and
> I would buy more at $28-30 unless at that price we were in the midst
> of a major meltdown.

> If you believe that we're at some sort of inflection for a "melt-up"
> in the market, then MRO could go to $40 in a hurry.

> There's also the long-held speculation that MRO will split in two to
> unlock value (doubtful in this environment) or a takeover target
> (possible at some point) then getting in at $35 will probably serve
> you well. Though takeover of MRO is a big maybe but many smart people
> have said it will happen. Smart people can often be wrong tho.

> On Oct 17, 2:50 pm, lee summers <lee.summer...@gmail.com> wrote:

> > Hi,
> > Does anybody own this company?
> > Do you think this stock is expensive?
> > I have read that this stock is trading a  9x for 2010.
> > To me it looks like it is fairly priced.
> > If I sound really stupid could someone enlighten me.
> > Thanks for your help.
> > Lee- Hide quoted text -

> - Show quoted text -