ukrazy, page-12

I agree that CFU will have a good product, but I think that the magnitude of the forthcoming housing bust will be as big as the magnitude of the boom over the past decade.

The drop in prices will be accompanied by a major drop in new builds and renovations. People won't be able to take out equity, and they will avoid spending money.

Although CFU isn't planning any direct retail sales, the lack of demand will still flow on to the company.

A good investment is a function of quality (value), price and timing. CFU has quality, but the timing isn't right so I believe that the price will get better.

CFU is one of the stocks that I plan to buy when there is "blood in the streets". I expect that there will be a lot of quality stocks going cheap in another year or so.

In the meantime, I believe that cash, gold or big gold stocks are a better place to be.