OI (OWENS ILLINOIS)

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Why I Love This Stock

By:sarah z

Date:10 01 08

The leading producer of glass containers announced that it will buyback up to $350 million in common stock. The repurchases will take place from time to time
pending on market conditions and will expire December 31, 2010.

"We believe that the Company has substantial prospects for continued earnings growth and the current share price does not reflect the long term value of the firm," said Al Stroucken, Chairman and CEO. "As we evaluate investment alternatives, the repurchase of our stock represents another attractive opportunity to deliver value for our shareholders."

Higher prices and lower interest expenses helped fuel stellar second-quarter results for O-I. The Perrysburg, Ohio-based company experienced net income of $231.3 million, or $1.35 a share, up from $149.7 million, or 89 cents a share in the same period last year.
Total sales jumped from $2 billion to $2.2 billion this quarter. Although the company admitted to selling fewer bottles, the surge in profit came from the sale of higher end bottles and the weakness of the U.S. dollar against currencies where O-I has operations.

Another bullish note is that analysts from Wachovia Equity Research have an outperform rating on the stock. The analysts mentioned “Additionally, while the company has lacked discipline in the past as it relates to free cash flow allocation, we note that a new
management team, on top of recent portfolio re-jiggering has positioned the company on a solid footing over the next few years.” They believe the stock should be trading in the $48 to $52 range.

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By:mateopolish

Date:09 25 08

form 4

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By:sarah z

Date:09 24 08

The leading producer of glass containers announced that it will buyback up to $350 million in common stock. The repurchases will take place from time to time
pending on market conditions and will expire December 31, 2010.

"We believe that the Company has substantial prospects for continued earnings growth and the current share price does not reflect the long term value of the firm," said Al Stroucken, Chairman and CEO. "As we evaluate investment alternatives, the repurchase of our stock represents another attractive opportunity to deliver value for our shareholders."

Higher prices and lower interest expenses helped fuel stellar second-quarter results for O-I. The Perrysburg, Ohio-based company experienced net income of $231.3 million, or $1.35 a share, up from $149.7 million, or 89 cents a share in the same period last year.
Total sales jumped from $2 billion to $2.2 billion this quarter. Although the company admitted to selling fewer bottles, the surge in profit came from the sale of higher end bottles and the weakness of the U.S. dollar against currencies where O-I has operations.

Another bullish note is that analysts from Wachovia Equity Research have an outperform rating on the stock. The analysts mentioned “Additionally, while the company has lacked discipline in the past as it relates to free cash flow allocation, we note that a new
management team, on top of recent portfolio re-jiggering has positioned the company on a solid footing over the next few years.” They believe the stock should be trading in the $48 to $52 range.

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By:bobbiesgarden

Date:09 21 08

Cramer suggested
seemed undervalued
with good growth potential

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By:Pro

Date:11 30 -1

Cramer: Chesapeake Energy's Got Legs: Jim Cramer likes the energy stocks that the hedge funds don't and says Chesapeake's a long-term play.

Click here to watch the video.

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By:KennyB

Date:06 06 08

LOUIS

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By:FoxJohnSix

Date:06 02 08

jumpin' to glass is a gas, gas, gas!

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By:FoxJohnSix

Date:06 02 08

jumpin' to glass is a gas, gas, gas!

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By:FoxJohnSix

Date:06 02 08

jumpin' to glass is a gas, gas, gas!

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By:nparkrider

Date:05 28 08

New Tech. Glass vs plastic.

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Why I Hate This Stock

By:craigcytron

Date:10 14 08

Company lost market share

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By:donjon50

Date:06 24 08

Heavy nat gas user, no dividend

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Q. Since we already know tomorrows ...
12.04.08 | 17:05 PM Asked by blitz373

A. No...its not priced into the market

IMO, A lot of the bad news is not
priced, but people like blitz373 keep
buying at these prices anyway. I want
sp500 topping at like 750. After we get
real, buyers can handle the ups and
downs.

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