Post by
navel on Jan 31, 2001 9:21am
The stock looks like it's coming back
I've ben acquiring the stock for about a year now
The demographics can only get better
They have met their debt obligations in 2000
The recent decision to sell low growth funeral homes and cemetaries suggests that they have moved on from survival to performance.
Personally I see this stock as a long term hold in an industry that has been decimated. The trick was to survive.
In the last year the death rate declined, but that by definition must ensure that the near future sill see the rate increase. It has to.
There is a trend to cheaper cremation but the profit margins are better there.