Sunday, July 16, 2006

TIE

TIE is down, down down - it even briefly fell to the $23 range last week.

And yet - the news is up, up ,up.
Boeing announced that record sales of the 787 are great, but that the plane is too heavy. Hmmm, sounds like more Titanium is needed. Boeing announced that sales expectations ove rthe next 20 years are unbelievably high. Almost 10X today's sales.

Even discounting these kind of predictions bodes well for TIE.

Most of all, I notice the return of hype for TIE. The competitors (ATI & RTI) are caught in raw material supply problems that do not affect TIE. TIE price gauging, anyone?

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