Stockchase Opinions

Michael Smedley Laidlaw International Inc LI-N PAST TOP PICK Jan 05, 2004

(A past top pick Dec 2/03. Up 5%.) Has come out of its restructuring as a solid company and the number one in school buses.
$17.980

Stock price when the opinion was issued

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HOLD
Think they have got rid of all the crappy assets. Took a long time coming out of bankruptcy. A much stronger company now.
TOP PICK
Has been left with a manageable debt. # 1 school bussing company in North America. Not fabulous growth, but great cash flow.
TOP PICK
A restructuring story. The number one school bus operation in North America. Expect it will sell off some of its minor divisions.