If we can identify them and help create real clarity, then it increases everyone's return on investment. November's election could make a big difference in the fate of one of Pennsylvania's biggest and hardest-hit manufacturing companies, according to a Pittsburgh stock analyst. Armstrong Holdings Inc. has lost 90 percent of its value in the past year on fears that asbestos litigation will bankrupt the Lancaster flooring, ceiling and cabinet company. If you type in a company's ticker symbol, the site will take into account a host of factors, including expected profit growth rates, to determine a fair value for the stock price. Of course, given the difficulties of predicting stock prices, anyone who could identify a fair price consistently probably would have retired by now, but the site is useful for people attempting such analysis on their own.
Investors can even change the site's assumptions about a stock if they disagree.
Matchmaker, matchmaker, make me a match, find me . . . It's not exactly romantic, but that is the promise of a new agreement between ICG Commerce, of Jenkintown, and Electronic Data Systems Corp., the technology consultant. The Plano, Texas, company will link those customers into whatever technology is necessary for online purchasing. ICG Commerce, which is majority-owned by Internet Capital Group, of Wayne, will pay EDS for the work. In return, EDS will tell its customers to go to ICG Commerce for purchasing help.