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Friday, November 07, 2008 

cbi to bucy

Alright, i just spent 2 hours scouring annual and quarterly reports and statements. I am selling CBI in my accounts and buying BUCY.

CBI has had some cost issues and overruns. I thought this was a one time thing! I'm done.

BUCY has fallen more than CBI but BUCY's backlog has increased, CBIs has not.

So --- basically how I make decisions is when I determine that I would rather own one company over another --- I make the switch. BUCY is down SOOO MUCH.. I guaranteed CEDC a week or two ago. Consider this almost the BUCY guarantee... it's really really close

CBI could get better and it should --- but right now... BUCY is the cheap one... with the better track record.

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