Comments for LBY - Stockpickr! Your Source for Stock Ideas

Comments for LBY

Added By	Comments	Type	Date Added
barrons2	As the leading manufacturer of glass tableware in the Western Hemisphere, Libbey has exposure to the faltering U.S. restaurant industry, which has depressed its shares. The stock, around 16, trades for about 27 times projected 2008 profits, a rich-looking valuation. The high P/E, however, reflects a steep 13% interest rate on its debt that eats into earnings. Once the credit markets thaw, Libbey may be able to refinance debt, cutting interest expense by perhaps three percentage points and boosting earnings.	Love	March 01, 2008
stockerblog	1818	Love	June 05, 2007