Friday, December 02, 2005

Florida rocks

Good news out of Florida. Florida Rock Industries Inc., this week reported that profit nearly doubled in the fiscal fourth quarter. Earnings during the quarter ended Sept. 30 rose to $46.5 million, or 69 cents per share, compared to $24 million, or 36 cents per share, last year. Hmmmm, that's a very impressive performance. Last month, the company's stock took a dip into the mid-forties for no apparent reason. People started talking. The stock is now trading in the mid fifties. The only talking that's going on is about a solid company. Your comment?